Bulls Win
23rd August 2009
The stock market finally broke out of its trading range this week, which by all indications is a good sign for the bulls. That being said, one word of caution is the lack of volume. While the market continues to inch its way slowly north, it seems to be driven more by a lack of interest in selling than by strong buying. Still, technically there is nothing stopping the SP 500 from reaching 1050, so look for that to be the point where we begin to see the next pull back.
JD
