Monday, June 1, 2009

First Hour Review 06/01/09


According to the 'Stock Trader's Almanac", the first two days of June are statistically bullish, and the market is proving the statistics correct at least for today. The $TICK has made a higher high than Friday in the first hour of trading, which typically indicates a very strong day. This is not a day to try to fade any advance to the upside.
Charles

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