Follow Through Day?
Thursday, October 16, 2008 5:33 PM
I believe today marked a follow through day on the Nasdaq and S&P 600. Both indexes were up more than 5% on volume higher than yesterday. I am not aware of any good buy opportunities at this time, but it does signal an uptrend in the market. Let's share with each other any stocks that approach potential buy points in the coming weeks if this follow through day holds. It would also be nice if the volitality in the market setteled down in the near future. Happy stock hunting and here is to a nice long market uptrend. Check Friday's IBD to see if they confirm the follow through day.