The market went up today. The Dow surged high yesterday and towards the end of the day, the Dow got sold down. Many stocks moved higher today like the banks and property stocks but nevertheless the market has quite a number of opportunities today. I am not sure if the rebound can sustain but looking at it, it's extremely volatile and I believe intraday trading and short term punting is the way to go now. So much overhanging supply and stale bull at the top, we need to see how much sellers is going to emerge. The top volume is healthy for now but I can't speak for later.
Ronald K - Market Psychologist - A Stock Market Opportunist