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Friday, October 13, 2006

Few Comfortable Buys

Another week of gains across the board.

End_of_day_chart_40

While the upside momentum tapered off some and volume fell, we didn't see much consolidation. The underlying bid remains and every pullback, even slight, is being bought. Strong markets rarely give you an opportunity to buy comfortably and this one has done a picture perfect job of that lately.

Next week will be focused on earnings which certainly should provide a decent test for this snorting bull. Have a great weekend!

Posted by Kirk at 6:19 PM in Review | Bookmark | Feeds | Link |


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