NOTE: Please click on the charts below to enlarge them if they do not appear clearly.Yesterday was a tale of two markets, as enthusiasm in the tech arena powered the Nasdaq higher, but the S&P and Dow were little changed. Further, an intraday tug-of-war between the bulls and bears made for a whippy and spastic session as well. Stocks gapped sharply higher on the open, drifted slightly lower throughout the morning, then fell apart at mid-day. Then, just as the major indices plunged 1.5% from their intraday highs and began to look pretty ugly, buyers arrive[...]
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[Source: The Money Blogs]
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