Securities Research Services

Monday, April 09, 2007

Stops on Short Positions May Get Taken This Week

Markets are at resistance and have moved up on light volume. This is not a factor that is going to cause a pullback, but it definitely could be the warning to heed.

Even so, Asian markets are up big today and recently when Asia has been up or down, the US markets have followed. We could see a strong bear busting day today if this trend holds up.

No comments: