The Growth Stock Report

The commentary here is for active traders. Our analysis uses a combination of fundamental and technical properties used by hedge funds and institutional money managers.

Tuesday, October 28, 2008

Place bets accordingly

Just as the market peers toward another new low - BAM! - it's a mega rally.

Our Follow Through Day (FTD) in the books from a few weeks ago will hold as long as Tuesday's rally sticks.

But with a Fed policy announcement due Wednesday, anything can happen.

Remember, it's not our job to predict what the market will due. But rather to take our evidence and place bets accordingly.