U.S. stocks are expected to open much higher after overnight bargain hunting drove overseas...


U.S. stocks are expected to open much higher after overnight bargain hunting drove overseas markets and futures higher. Gains, however, may be fleeting. "Apart from a decent set of results from Dell (DELL) after the bell, there's not much left to support such a reversal back up," GFT's Martin Slaney says.
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Comments (1)
  • j_remington
    , contributor
    Comments (1341) | Send Message
     
    reversals (recovery from a selloff) occur on oversold conditions ... the reasons will surface later
    21 Nov 2008, 08:29 AM Reply Like
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