Stocks Fail to Build on Gains
Read the full article: http://www.market-speculator.com/2008/04/18/stocks-fail-to-b...
Straight from the gate market participants took the opportunity to knock down stocks a level. For the bulls, this action was quite disappointing as you would have liked to see stocks build on Wednesday’s gains on stronger volume. The good news, stocks sold off on MUCH LIGHTER trade. It appears the institutional buyers are continuing to stay on the sidelines. If this market ever gets off the ground, we’ll need the institutional support to keep the market afloat.
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