Wednesday, September 30, 2009

Went long AONE

Whether the market tops out soon or it will continue to march higher is in anyone's guess ...

Another distribution day (minor) today is added on major indexes.

Current distribution count, Nasdaq: 2; DOW: 5; NYSE: 3; SP500: 3.

To throw the market to correction, we need to see more distribution days and growth stocks sold on volume. Until I see that happens, I continue to hold my long positions, which are acting constructively so far.

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