Posted by: eminitrader January 9, 2008
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Aman: Good companies do make new highs but only when the market is good. Say if you had bought INTC or CSCO in 2000, you'd still be losing money even after this good rally for the past 5 years.
Today's rally towards the end of the day looked promising, I am a little hesitant but I think this market still have some room to go up. If we can hold at this level, we should see some rebound.