27 February 2007

Will She Call Me Back??

Markets continue to act like lost children fumbling around near the lows of the day.
Market internals the ugliest seen in a long while..

Advance/Decline
Nasdaq 356 2532
NYSE 462 2646

UpVolume/Down
Nasdaq 672,069/7,376,045
NYSE 33,666,900/583,090,032

Have to think a buy spike is coming but you never know. MER still acting poorly as sellers are bringing the issue into the lower range of the day...not going to give up here though as the oversold level is reaching absurd levels...not crazy either so a close under $84 will leave me out...jfg

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