Wednesday, February 24, 2010

Market summary

Buyers regained some control today after yesterdays expected pullback. SPY now sits right below 50dma and this looks like is the battle zone now. Market is sending mixed messages and I am still trading this market from the long side on individual merit of each stock.
Materials were weak today while semis and tech was leading sector.
Will post my watch list for tomorrow on twiiter.
Follow me on twitter for real time trade updates.
www.twitter.com/sidshar

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