Add To Swing Longs

The market tested the breakout and it bounced. Rally coming.

PRE-OPEN MARKET COMMENTS FRIDAY - The market has been in a long-term up trend. You know from my market comments this week that I am bullish. The technicals and fundamentals agree. The market got a little ahead of itself after the election and the rate cut and we saw a light round of profit taking. The breakout was tested and we have been making higher lows. The gap from last Friday has been filled and we have seen a series of dips along the way. This is not a strong powerful move and we can expect more "bid checks" as we grind back to the all-time high. The news is light next week and the action will be light as we prepare for a holiday. This back drop favors the current trend.

Daily Bulletin Continues...