Tuesday, August 7, 2007

Staying Nimble!

NOTE: Please click on the charts below to enlarge them if they do not appear clearly.Stocks kicked off the week on a positive note, as the major indices staged a strong, bullish reversal day for the first time since the broad-based correction began in mid-July. Follow-through weakness from the previous day’s session gripped the market during the first ninety minutes of trading, but the bulls took control and reversed the bias around mid-day. In the afternoon, stocks trended steadily higher before finishing at their intraday highs. The S&P 500 rallied 2.4%, the Dow Jones [...]

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[Source: The Money Blogs]

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