Tuesday, March 25, 2008

Intermediate-term Strength On Its Way?

NOTE: Please click on the charts below to enlarge them if they do not appear clearly.Stocks wrapped up a whippy, seesaw week on a positive note last Thursday, ahead of the three-day holiday weekend. The major indices opened slightly lower, grinded their way higher throughout the morning, then saw more substantial buying interest in the afternoon. The S&P 500 climbed 2.4%, as both the Nasdaq Composite and Dow Jones Industrial Average gained 2.2%. The small-cap Russell 2000 and S&P Midcap 400 indices were higher by 2.6% and 1.9% respectiv[...]

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[Source: The Money Blogs]

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