Tuesday, July 21, 2009

PreMarket Review 07/21/09




Not sure how much longer this uptrend will last. PreMarket Earning Reports have propelled the market to higher highs. We will have more reports after the bell, which will include Apple.
Bernanke starts talking at 1000 ET. The 10-Year Yield took a little dip yesterday. Sooner or later traders will be taking short term profits, and wait for the market to dip to more bargain levels before going long again.
Charles

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