Three of the five major indices gapped up and held the gap on Tuesday, and a bullish follow-through day during the next several sessions could spark a big rally.
The stock market indices started off the year with a big gap up and had a very sharp rally early on, reaching the session highs in the first half hour, and then pulled back quite sharply into the opening gap.
Which path will we take? If we could only grow our way out of our sovereign debt problems. But growing debt creates even more problems if not dealt with, making it even more difficult to deal with; yet getting the debt and deficit under control brings its own form of pain.
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