I thought it was a day where people will tend to take some profit looking at the good return from the week. But somehow only Nasdaq is Red, both Dow and S&P is Still in the green.
The indices somehow had been in the green for almost 2 weeks and it is on positive for the month of October 2011. I don't think is a full blown bull as yet due to the low volume and weak sentiment. A bit of bad news will bring this dream back to hell.
But somehow due to the fact that all three major indices had been broken their resistant, we can't denied that it has a technical advantages over the market right now which will hold on for a while more. Monitor closely on your stocks and I would advice taking some profit out of the table if your trade is having some profit at this moment.
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