Thursday, January 19, 2012

THE RALLY CONTINUES

Today was another strong day for the bulls. They managed to close the market at the highs of the day. The volume remains steady. It still looks like the market could move a bit higher for another week or so. If you want to take a chance on some bullish trades, I like CLH and KOG. Both have been outperforming the market and both appear to have completed recent corrections. For a bearish trade...look for BIDU to move lower. It will often move with Google. With Google's likely drop tomorrow, you should see BIDU move lower as well.

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