TheStreet.com RealMoney

Straight Up on Strong Momentum

By Rev Shark

 About this article:
 Market players are starting the week in a very positive mood although there really is no news to justify it. We have jumped out of the starting gate on almost 7-to-1 positive breadth and all sectors in the green. The primary driving force, once again, is weakness in the U.S. dollar, but it also looks like we have some folks who are very worried that they are going to be left behind as this market runs away. We have gone straight up in the first 30-plus minutes of trading on exceptionally strong momentum. I have a few long trades going, but similar to many others, I am woefully underinvested. I know I am not alone in that regard, and that is what is helping to drive this aggressive buying. Shorts are being decimated once again, and the only fear out there is the fear of not...

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