Thursday, April 3, 2008

Digestive Or Disaster Looming?

Wednesday left the market slightly red and the volume slightly under yesterdays on the NYSE and slightly more on the Nasdaq. What I see as interesting on volume is the first two hours stayed on pace with yesterday, then the 3rd hour of the day fell WAY off, but the last 3/12 hours of the day picked up steam and participated. Which does show that fall we had late day had volume behind it, but dont get overly negative on that alone. Market breadth was strong until the final 90 minutes and we saw a turn come in to help the drop across the board. RI[...]

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[Source: The Money Blogs]

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