MORNING MARKET COMMENTARY- Thursday, January 24, 2008Day 1 Of A New Rally Attempt - Kenneth J. Gruneisen, CANSLIM Certified, Registered Principal, Source Capital Group, Inc. (Members NASD, SIPC)The major averages ended higher, snapping their longest losing streak since April 2002 and producing Day 1 of a new rally attempt. Volume was heavier than Tuesday’s already large levels on both major exchanges. Remember that volume has surged in recent days and weeks as the market averages have tanked. Advancers trumped de[...]
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[Source: The Money Blogs]
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