with the light volumes on Jewish Yom Kipur holiday will the follow thru be sustained? Will the merger and buyout signals (Xerox and Abbot etc) be enough to convince the markets to push higher again? Monday was supposed to be a no-market moving news day for the states so direction was almost expected as investors stocked up on bargain/share dips after strong rally before last weeks pullback/correction..... But seems a little good news on a slow day kicked the bulls to run a little.... what say the rest of you?
looks like someone bounced the rubber ball and it hit gravitational resistance...falling back down a little at the moment..but the day is young and many a thing could cause the ball to bounce up again (or not)