US Stock Market Soared, All 3 Index Up More Than11%

Stimulated by the European bailout plan announced over the weekend, US stock market soared more than 8% for each of the 3 major index, S&P 500 up more than 104 points or 11.58% to 1003, Dow Jones up more than 936 points, or 11.08% to 9387.61, Nasdaq Composite Index up more than 200 points, or 12.16% at 1844.25 . However, investors should be cautious at this level as S&P approaching its resistence level at 1000 area , Nasdaq Composite resistence at 1900 area, investors should start taking profit if you had bought on last Friday, or start taking smaller loss if you had bought during early last week or before.