April 22, 2007 at 5:42 pm | | Comments 0

Bulls on Parade

The bulls are standing tall after last week’s impressive performance led by the DJIA’s 349-point romp. They’ve taken charge of the indexes and are riding a wave of momentum heading into this coming week, but can they keep it going?

With fears of a double top pattern starting to subside after an undeniable breakout, they currently have both hands on the steering wheel. The only question will be, at what point do they stop to refuel their tank and possibly take a rest?

The trading environment has undoubtedly improved for the intermediate-term timeframe with the trend pointing UP, so the focus going forward will be on earnings to see if they can keep the party going.

Be sure to check out this week’s Market View page over at before you start your trading week for a rundown of the indexes as they currently stand.

Trade well this week!

Jeff White
President, The Stock Bandit, Inc.
Swing Trading & Day Trading Service

[tags]Stock Market, Day Trading, Stock Trading, Investing, Swing Trading[/tags]

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