3.13.2006

GAP FILLED OF COURSE


So with all the March Merger Monday Mania, the major market indexes are slightly green to mixed and of course most of the GAP opening has been filled. The semis are pink, and the recent momentum darling stocks like BRCM MRVL and GS are all lower. The internals are now just 1,300 to the positive down from 2,400 at the open and the VIX is still down by 4.5%, so it looks like the market is going to have problems moving higher from these levels.

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