3/05/2013

What to watch for



Market has held up well after a brief shakeout. However many stocks are extended and most moves continue to be of smaller magnitude.

Watch to see if low priced lottery tickets start moving big.

Watch to see if flood of new IPO hits market

Watch for large number of failed breakouts near 52 week high

Watch if there is a big jump in sentiment

Those are typically sign of trouble. Till they show up bulls have the ball.
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