"Savvy investors are using the dips to put some money to work ...

NOTE :
HSI UP 19,842.79 (+600.29 OR +3.12%)
DOW DOWN 11,983.24 (-61.23 OR -0.51%)


"Savvy investors are using the dips to put some money to work, but this is a very difficult market if you're a short-term trader," said Fred Dickson, chief market strategist at The Davidson Cos. in Lake Oswego, Oregon.

Besides earnings, U.S. economic news has helped keep worries about another recession at bay.

Non-farm payrolls rose a tepid 80,000 in October, below economists' expectations. But employers added 102,000 more jobs than previously estimated in August and September.

And the U.S. unemployment rate slipped to 9 percent. It had been stuck at 9.1 percent for three straight months.

Among key economic reports next week are the government's data on the Consumer Price Index and Producer Price Index.

(Reporting by Caroline Valetkevitch; Additional reporting by Ryan Vlastelica, Doris Frankel and Edward Krudy; Editing by Jan Paschal and Burton Frierson

http://beta.finance.yahoo.com/news/wall-street-week-ahead-coping-004645989.html