The market acted like a yo-yo. Yesterday Dow Jones Industrial was down 115 and today it’s up 172. The blue lines might be the bottom for the short term. We shall see some upside to test the SMA 200 which acts like the dividing line of bulls and bears.
Monthly Archives: October 2005
After Greenspan
The market obviouslly liked the news on the nominee for the fed chairman. So far, QQQQ has moved ahead of INDU and SPX.