Stocks for the Rest of Us
S&P 500 climbs the wall of worry
The broad market today continues to climb the wall of worry as inflation numbers come in a little hot. This is often the case in most bear market rallies and the action tends to feed on itself. This market rotation in and out of commodities and financials is frustrating unless you’re daytrading your posistions so the best strategy here is to simply reduce your exposure until a clear trend begins to emerge. Currently I do not see that happening quite yet but eventually some new leadership will push the market higher.
| Print article | This entry was posted by brian on August 14, 2008 at 11:11 am, and is filed under Index Notes. Follow any responses to this post through RSS 2.0. You can leave a response or trackback from your own site. |

