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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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  • Summer Fluff 0 comments
    Jul 12, 2010 5:23 PM | about stocks: DIA, SPY, QQQ
    This month's rally had a little more fluff added to it Monday.



    Nothing wrong with fluff unless you begin to read too much into it.

    With an official Follow Through Day in the books for the S&P 500 and Nasdaq, we've upped our bias to Buyer's Caution.

    But the bias is meaningless with nothing worth buying at this juncture. If the rally is for real we'll have plenty of time to seize opportunities.

    In a way, breakout growth stock buying is like farming - the crops will produce what they will, there's little we can do to force it.

    Subscribers will have a new report on stocks we're watching posted soon.

    Stay tuned,

    Dan
    thegrowthstockreport.com

    Disclosure: Long: USD, CHS Short: DECK, CAAS, CUZ
    Themes: Growth Stocks Stocks: DIA, SPY, QQQ
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