13 February 2007

Just Hanging On

The markets mixed here as the Dow ans S&P showing relative strength while the Naz underperforms.
The question here is who pulls who...does the Naz pull down the big board or does the reverse occur?
Market internals still uber positive except for maybe the a/d on line on the Naz, which sits in a stubborn 17-12 range.
Have to think a red close in the Naz futures will lead to further selling...jfg.

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