Friday, October 23, 2009

Loose Change

The waiting is the hardest part
Every day you see one more card
You take it on faith, you take it to the heart
The waiting is the hardest part
--Tom Petty

This week saw many stocks gap higher after beating expectations only to fill the gap and keep on sinking. Previously, stock were going up an good and bad news. Now it appears they're having trouble heading higher on good news.

Perhaps an early sign of tenor change w/ the tape.

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