Tuesday, March 20, 2012

A Down Day to Love

This was the bears' chance to take the market down and they failed. The selling dried up mid-morning, and the portfolio closed down just a fraction of what it had been earlier in the day.

GOOG held on to almost all of yesterday's big gain---a victory.

The rest were down fractionally, except for C which bucked the trend with a gain of $0.91 (2.45%). Some heavy accumulation going on there.

Analysts, invited to propound their theories on the Stock Channel, are actively promoting going long both COP and C at their current levels.

GOOG got an honorable mention on Cramer's site.

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