4.10.2006

THINGS THAT MAKE ME GO HMMMM

Some interesting things are staring me in the mug. First, the DJIA (+61) has gained back over one half of Friday's selloff and the market breath on the NYSE is +150 and NAZ is +40.

The financials, metals and oils are acting well but the techs, semis, homies and Volatility Indexes have no jig.

With the SPY pivot directly above, I am not getting a warm fuzzy feeling about the market ripping higher from here.

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