Stock Market Analysis – 04-23-2009
April 23, 2009 at 10:49 pm · Filed Under Broader Market
Today was another super choppy day, this time with much lower volume. Earnings continue to be varied, with almost everyone still giving fairly reserved estimates for the future. There’s not much to do until we break out of this channel. We’re too overbought to consider going long now, and trading short against an uptrend is never a great idea. Keep reminding yourself that patience is a virtue.
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