A pause | stockbee

11/28/2012

A pause

A straight up V shaped rally was any way lower probability event. So we are getting some minor correction so far at this level.


Many stocks were also extended, a correction here or sideways move will help them setup for further gains.

Eventually a deal on fiscal cliff will be reached , but before that there will be lot of drama. That will get reflected in the market over next few weeks. Each rumor will move the market. 

No comments: