Although the market was higher today, I still don't like the volume. The volume was lighter today than yesterday...even though many stock prices went higher. This can sometimes be a signal for a false rally or a "B" wave in an ABC pattern. I'm not saying that the market is going to drop in the next few days....but if it does, it wouldn't be surprising given the lower volume numbers. I stopped out of WLT (I had a fairly tight stop), but I've held my other positions. I didn't add any new ones because of the volume divergence. If we do get a strong up day with heavier buying, I'll list more recommendations. On the trades listed last night, I tightened my stops to below Monday's lows.
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