August 22, 2007 – 5:39 pm
The Dow rose +145.27 points; SPX added +16.95 points; and the Nasdaq gained +31.5 points! WOOHOO!!! Yesterday, I said, “I think if/when SPX and Nasdaq both rise above their 10-day MAs, we’ll see more buyers coming in!” And, they are coming out from everywhere!
Check out this map of the market:
Noticed that the […]
Yesterday, I said, “…we’ll need to see a follow-through on this relief rally tomorrow to establish a bottem.” And, today, the market did just that!
The Dow closed another +101 points higher; SPX +6.39; and, Nasdaq gained +22.82! Recently, it always makes me “happy” to see XLF green! The financials really need to […]