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Thursday, December 14, 2006

New Market Highs

Finally, a decent day for the bulls. Volume was up and market breadth fairly positive.

End_of_day_chart_70

There's chatter tonight of a large buy program which came in at the open which enabled today's upside foray but I'm sure performance anxiety enabled those gains to stick. No doubt, new market highs on the indexes put the market in an interesting position ahead of tomorrow's CPI and options expiration. See you in the morning.

Posted by Kirk at 8:49 PM in Review | Bookmark | Feeds | Link |


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