Markets are certainly giving lot of "dough" to believers......
Six weeks of one way move UP is nothing compared to relentless selling of 19 months where most indices were cut more than half.....
So..we have a long way to go before we erase 19 months of downtrend......
Nothing goes UP in a straight line......
Corrections will be short lived.....
Diversify in many industry group will keep you in the game...
VIX closed @ 33.94......long way down from highs of 80 area......
Bulk dry shipping,Medical device,Techs,Retail,Home builders,Restaurants were strong.....
By 10AM Saturday...i will post a list of technically weak/strong/buy rated stocks.
BLOG does NOT give buy or sell.
Saleem
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