My assumption is that everyone knows of the mess that was the Nasdaq on Friday. After basiclly closing down for a few hours mid-day, they tried to have an extended trading session which was the biggest joke I have ever seen. They have sent people to jail for much less than what we saw on the tape Friday night, but that is another matter entirely. What is of concern is how this screwy tape has effected data. At this point, not only are many Nasdaq stock prices questionable, but all of the averages that Nasdaq stocks are members of are also effected. This makes market and sector analysis very difficult going into Monday.
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