SLOW
The markets continue to hover near the unchanged line with the SPX and DJIA green and NAZ/ techs red (for now).
Market internals have fought back to only 800 net red with sector winners being oils, AMGN, AAPL, KLAC and YHOO. Losers include metals, airlines, GOOG, brokers and trannies.
No idea how this day will end but my guess is not far from where it began. The buy the dip crowd has showed up and is probably anticipating some more upside early next week.
Keep an eye on the SMH as it has come nicely off the early lows on the DELL/AMD news.
My plan for the afternoon is to watch the yankees beat up on the redsox and Phil to beat up Tiger outside of Chicago. Yanks play at 1 and Tiger vs. Phil at 2:30.
posted by DAVID at
12:54 PM
2 Comments:
Ok - just wait one minute - Yanks beat the Red Sox - maybe - but Phil beat Tiger - doubtful. I wouldn't take that parlay if I were you.
Have a nice weekend.
A plan not necessarily the outcome
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