Jerry Samet
09-13-2011, 11:31 PM
The market rallied again today with the major averages up all day and closing near the highs of the day. The market was up between 1% and 1.5%, but volume was down slightly from yesterday, showing little conviction among major players. The leaders outperformed the overall market again with the leaders index rising 2.28% on the day. The market is still within the loose consolidation that began after the recent sell off. We will have to wait and see which way it will break. Jerry