Oversold Market Could See Bounce

05 November 2009 @ 09:36 am EDT

There are signs this pull-in will be a little different than the 4-5% dips we have seen during the current rally. See how the market handles yesterday's high. Do not get overly aggressive right now, wait to see whether the market gets a little oversold bounce. Leaders like AAPL and GS in particular have been beaten down and could certainly see a small bounce. GLD ignited again yesterday and needs a little bit of a rest.

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