One-Day Rally or More?

03/11/2009 9:49 am EST

Focus: STRATEGIES

Thomas Aspray

, Professional Trader & Analyst

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Stocks were impressive Tuesday, especially in terms of the A/D and the up-to-down volume numbers. This along with the high bearish sentiment (70% of all AAII members are bearish) could mean this was a more significant day. The McClellan Oscillator broke its downtrend and is positive short term, but SPY volume is not that high.

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