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MIKE PAULENOFF'S ETF TRADING DIARY

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Mid-Day Minute for Wed August 2nd 2006 RSS

Wed August 2nd 2006
Strength Sustainable Into the Closing Bell?
by Mike Paulenoff, www.MPTrader.comWe are witnessing a potent rally so far today. The BIG question will be whether or not the indices will be able to preserve the strength into the closing bell... which will provide us with important clues about the quality of the underlying buying power that managed to show up this morning... (and whether or not we should even consider remaining in our short positions). Let's have a look at the Q's...

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