22 February 2007


Actually have CNBC on for once...sure seems the mood is a bit more cautious (for once)...NQ ticking up to 1844...I'm assuming just a pause in the selling (hoping?)...after touching into 1837 (gap fill indeed)...things started to pick up when the a/d lines starting flipping red...we'll see if the bids start getting hammered into the end of lunch...I'll be keying in on the divergance between the QQQQ and the SMH...any further selling in the SMH should lead at least the day traders to ride into a down trend day...jfg.

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