4.05.2006

11:00 UPDATE


Couldn't resist updating here as the NAZ internals fade to red (neg 300) and the markets give up their green. I can't stress enough the "tell" of the internals, as they will rarely lead you astray.

The only sectors I see outperforming now are Homies ( on the lower yielding bonds), Metals and the Semis. Just about all the other sectors look about unchanged.

The SPY resistance held as usual and the next buying area looks to be the 130.2 Pivot area.

0 Comments:

Post a Comment

Subscribe to Post Comments [Atom]

<< Home