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Originally Posted by coolhand

The bulls followed up yesterday's right hook with an upper cut today, but the bears didn't quite go down. They were heavily staggered though with a trickle of blood oozing down the left side of the nose. The referee had to step in and check to see if the bears could go on, but then the bell rang and the trading session ended.




Price on the S&P bumped up against resistance at the June peak again,

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It was quite a battle in the stock market yesterday between the bulls and bears as we saw several swings back a forth from gains to losses, and we're not talking minor dips and rallies. The Dow traded in a 700-point range, closing up 557-points, while the Nasdaq (and large tech Nasdaq 100 Index) were all over the place from deep early losses of 2%, to closing at the highs of the day with a near 1% gain. So volatility is here, but the bulls were able to fight ...