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Our research draws its market bias from a combo of Fundamental and Technical evidence. Economic and earning trends are matched against our analysis of price and volume charts, giving us an indication of how friendly or unfriendly the market is behaving. The goal is to identify top growth stocks... More
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  • Grinding 0 comments
    Oct 27, 2010 5:59 PM | about stocks: SPY, DIA
    Modest Distribution on the S&P 500 and Dow is playing into our Buyer's Caution bias.



    We're taking a recent boost in volume coupled with mostly sideways action as a sign that the rally is finding it harder to continue.

    This type of grinding often sets the stage for a pullback, where we'll gauge its potential of being subtle vs. a more significant correction.

    We're very eager to buy some of the hotter Growth Stocks out there at more reasonable prices. The market has been extended for some time now, testing the patience of wanting buyers like ourselves.

    Stay tuned,

    Dan, thegrowthstockreport.com      
    Themes: Growth Stocks Stocks: SPY, DIA
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