Tuesday, May 10, 2011

A look at the market

SPY broke out above the high of Monday's inside day, and so far, the break is sticking.

Breadth is nice and firm at +1600 as I type this, but volume remains a problem.

Bulls are the boss for now, but unless volume surges, it's a great idea to have one foot close to the exit

Michael tiny Saul

tinymjs at gmail dot com

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