Monday, September 15, 2008

Afternoon Rally Pops Indices To Session Highs At The Close After Big Opening Gap Lower

Afternoon Rally Pops Indices To Session Highs At The Close After Big Opening Gap Lower By Harry Boxer, The Technical Trader (www.thetechtrader.com)The markets had an interesting but generally bullish session. However, the underlying technicals were very mixed, with advance-declines showing negative tendencies.The day started out with a gap down and a big one based on negative futures. But the lows for the day were reached very quickly, and the market turned around sharply and steadily. The Nasdaq 100 had a [...]

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[Source: The Money Blogs]

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