27 March 2007

High Wire Act?


Internals pretty lousy right off the open with advance-decline numbers more than 2 to 1 negative across the board...it's obviously early but still somewhat rare to see those levels especially off the get go on the Nasdaq.
I am getting ready to sell into any post consumer confidence spike even though I hope we are a bit higher (1817 as I type) so we can define the risk but, as always, you have to take what they give...so if we sell them at 1819-1820 so be it...we'll work out our stops after...I think we are prime here for another drop...maybe kiss that 1800 level goddbye for a while...jfg

1 comment:

Kylene said...

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