As I started writing this...
after 11 am EST, the Nasdaq is up 14, the Dow and S&P are down.
Intel up almost 4%, BRCM up 2%, even QCOM is up 3% today, and GOOG testing yesterday's high. Watching CSCO and some others this morning.
This kind of action is what you want to see for this market to ultimately go higher. The question is, will it hold today? And then can certain leading stocks start breaking through some resistance levels and do we start getting some real buying volume? Or do we have some more wild swings in store like yesterday.
Let's see how it closes today and this week and where the volume finishes, to see if it can hold. This market may need a little more time.
GL & GT.