MARKETS
Markets continue on solid uptrend with the leading stocks on a faster path up.
And, as a defensive investor, we must tighten out stops, if market turns south.
End of the quarter window dressing is in full swing, with Friday being the end of quarter. So, it is probable that the upswing in market leaders is caused by Hedge Funds...(Cramer).
SPY is at 152.80 and watch for levels 152.1 and 151.6. These are technically significant.But technical indicators are just that. Mental markers for some market participants.
WHAT TO DO
Do not forget to move up the stops on market leaders like AAPL, GRMN, RIMM and others... Playing defense is more important than increasing market leverage.
Best regards...
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