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The Bulls Have the Wind at Their Back Once Again

James "Rev Shark" DePorre

The DJIA was up over 1.2%, breadth was 2 to 1 positive and the indices finished near the highs of the day but the action wasn't quite as vigorous as it looked. There are some markets that mainly driven by the indices and some that are mainly driven by stock picker. It is the indices that are helping to move stocks higher rather than strength in individual stocks that are pushing the indices.