It is another tough morning session for bears positioned for the floor to drop out of this market. True, momentum is becoming increasingly narrow. But timing that elusive top is as tough as it gets. There is no telling how long that lasts, which is why carefully playing along on the long side in lieu of added to underwater shorts has been the play in 2013.
Solar stocks are seeing a fair amount of the hot action, while even the coal stocks seems to attracting some bids after recent pullbacks.
As an example, consider coal stock BTU, which sure looks like it is trying to hammer out a bottom today after a falling wedge pullback.
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