Crosscurrents In The Markets
Posted on January 07, 2009 at 19:50 PM EST
After Wednesday’s pullback, the market has relieved much of the oversold conditions and left many individual stock charts sitting on technical support. Despite the weakness, commodity and energy names remain in intermediate-term uptrends, with more attractive entries than yesterday. While overall market fundamentals and sustained weakness in financials give reason for caution, ...
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