Tom Hougaard Quotes

The market is clearly in a limbo with the bulls and the bears all squared up. The Dow is bullish above 9,600 and a move above this level could lead to a rally to 9,750. The bearish case is a move below 9,525, which would lead the indices into the long-awaited correction. Anything in between is a purely traders playing the trading range.

- Tom Hougaard

Tags

Market | Limbo | Bulls | Bears | Squared |

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