Friday, October 12, 2007

No Trend Break, Though Market Mostly Lower

No Trend Break, Though Market Mostly LowerBy Harry Boxer, The Technical Trader (www.thetechtrader.com) The markets had a down day for the most part, other than the Nasdaq100, but it sure felt a lot better than that, because many of thestocks we follow had a strong session, particularly in the Chinesesector, which mostly had an exceptional day today.The day started out with some back and forth action on theNasdaq 100, while the S&P 500 dropped early. They did rallymid-morning, reaching the morning highs just before lunch hour, andthen the[...]

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[Source: The Money Blogs]

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