Friday’s positive trading continues to confirm the T-line is going to act as support, the uptrend is in progress. The steady uptrend remains solid due to the fact that exuberant buying is not coming into this market, even after what would be perceived as good economic news in the job numbers Friday. Continue to stay long with some short positions in the portfolio. However, the persistent uptrend is providing some very good breakout patterns EXAS and UIHC.
December 5 Daily Market Comments
Friday’s positive trading continues to confirm the T-line is going to act as support, the uptrend is in progress. The steady uptrend remains solid due to the fact that exuberant buying is not coming into this market, even after what would be perceived as good economic news in the job numbers Friday. Continue to stay long with some short positions in the portfolio. However, the persistent uptrend is providing some very good breakout patterns EXAS and UIHC.