Stock Market Analysis

Tuesday, August 07, 2007

Beginning of a Re-Re-Rebound?

I am down with high fever today, so I will try to make this short and sharp.

The fundamentals in the market continue to look great with great earnings and a ton of great mergers. Investors would love to see more signs that inflation is truly under control from today's FOMC release. The technicals continue to prove that the 13250 support level is a strong one with yesterday's strong rebound. I would say, the fundamentals are ready and the technicals are ready... Let The Bulls ROLL!

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