[Source: The Money Blogs]
Friday, April 18, 2008
Intel (intc) Earnings
got the shorts scared and the market traded higher in the after hours. The Nasdaq was the biggest beneficiary as it closed above the declining 5 DMA. The SPY closed the session just under the 5DMA. There is still a lot of work for this market to turn around, but there is the possibility of a strong trend day tomorrow if the markets can hold onto the gains in early trading.
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[Source: The Money Blogs]
[Source: The Money Blogs]
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