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Strategies & Market Trends : Technical analysis for shorts & longs -- Ignore unavailable to you. Want to Upgrade?

To: robert b furman who wrote (49089)	1/22/2013 2:46:18 PM
From: Johnny Canuck	Read Replies (1) \| Respond to of 70692

It may also be a sign that more retail investors have come back to the market and are buying without discrimination which could be a sign of a market top, not right away but in the coming months. I prefer to see selected sector rotation with supporting fundamentals in the rising sectors based on earnings visibility. On the plus side the news in the press seems to be for a recovery later in the year, even in Europe. Traders look out at least 9 months and right now the sentiment is for better times down the road. I am still on the fence either way right now. One day does not make a trend.