Obviously with the gains in the stock market today there were no new shorts to add to our current four that are still in a downtrend. About the only thing you can say that isn’t that bearish about only having one long after today is that we had no shorts out of about 13 in two scans. This market still is not a short market and I would not want to be short this market at the current rate the IBD is leading, good volume or not.
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