THE CLOSE
The NAZ and tech still in the green a bit before the closing bell while BAC KFT DIS PFE GM T VZ WMT AA all DJIA components and all red.
Interesting to also see the RSI (2) diversion between tech and the DJIA-
NAZ 71
NDX 77
SPX 41
DJIA 31
MSH 79
SMH 86
A future trade for this fish long QLD and long DXD- as the DJIA just looks like an awful index stuffed with lousy stocks.
Tech and energy probably the place for an intermediate term trade.
posted by DAVID at
3:48 PM
1 Comments:
an you please make any sense of this trade
http://www.forbes.com/feeds/afx/2009/02/04/afx6007811.html
thanks,
Aj
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