Market Comments Submitted by Nick at Ambitions as a Stock Trader

Submitted by My Ambitions as a Trader and Investor

Nice Bounce!

You've got to love today's +2.5 % bounce on all the indices. Late day dip buyers helped lead the way. But they weren't the only ones buying the dips. The markets wouldn't have rallied so strong if it weren't for the institutional muscle behind the scenes. Now while my three favorite stocks did not act as well, other close favorites fared well. ABAX, BIDZ, CEL, IIT and others were sure not to disappoint. I do have a few new long ideas for tomorrow and the rest of the week but I want to first wait and see how the market and the individual stocks themselves act during market hours. Later.

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