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  • Solid Move Up on Decent Volume 0 comments
    Apr 25, 2009 2:46 PM | about stocks: MSFT, LVS


    We didn't take profits on Friday but we have several open trades that are baggers...MSFT, LVS among others...we'll lock in some gainers next week.

    That's the way you do it!  For a second straight week, virtually all of Monday's losses picked up by the bulls to end the week on a banner note.  Volume was decent and breadth was outstanding.  The bears have been grilled and smoked at every turn, with good sector strength and rotation.  We've been talking about this resilient market here for a couple of weeks now.  Gold and silver were strong but bonds sold off some.  Groups that have been leading this market here were absent on the last rally (Nov/Dec) which tells us any drop will be shallow.  With each week, investor confidence is boosted.

    Have a great weekend!  Hit 'em straight!



    Stocks: MSFT, LVS
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