4.20.2006

DUMB AND DUMB


Well that certainly was wrong. The DJIA is up 75, the NAZ is red and the SPX is +5.5. The internals are still red by 530 so I still expect a selloff. The techs and the semis are the leaders while the laggards are brokers and yikes the OIH is down $3.7. The day is far from over and do not be surprised if all the indexes including the dopey DJIA closes red.
Pisani talking about a stealth rally this morning and that DJIA is only 400 points from all time high. Hey bob, wake me when the NAZ is at all time high (lol).

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