Saturday, March 24, 2012

Shallow correction in a BULL Market is an opportunity to buy growth stocks

The growth stocks chart patterns show we are going through a shallow correction. As things stand today, this correction should not turn into a BEAR market.
Since we are in a BULL market, this shallow correction is an opportunity to buy growth stocks.
Looking at the Market Breadth Ratios data we see that the 5 day ratio has improved from yesterday. However the 10 day ratio did not improve from yesterday. We should keep on watching this data to see what the Market is telling us.

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