Wednesday, November 26, 2008

Upward Bias; Suprising Resiliance

The tone in the market seems to have shifted in the short term. The market is rallying after breaking its lows and looks to be headed higher from here. I'd look to be buying morning dips in the broad market and take advantage of any 3 down days on stocks like GIS, GHL, and LO. Eventually, we'll likely be lower than we are currently, but the rally seems to have some steam.

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