Jan 7, 2008 - Posted by Kevin Hsu
Though the Dow and S&P 500 finished up, I will wait until there is confirmation of an uptrend for the Dow before entering the market. Nasdaq looks like it could go further as support at 2500 has been broken. Volume in these indexes look decent, but there is potential for continued drops.
I will probably screen some stocks for potential buys in the coming days.