Friday, September 26, 2008

Morning Action

The market rallied after gapping down. It then came back to retest its lows and has moved back up slightly since then. Just a second ago, a higher low was made and the market has pushed up further erasing about half of its losses. As far as single names, HPQ and PLCE are looking really impressive. They both are showing pretty good relative strength and look to be headed higher.

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