AI
Wednesday, April 04, 2007 11:30:49 AM
Breath: like to see better breadth. MSFT sell off to 28 +/- to see real breadth.
EBAY is trading near at break-out again.
GOOG is in consolidation phase heading to 513. YHOO is positive, heading to 33.
SMH is showing a follow-up action showing positive 1.16% with TXN, MRVL, NSM and KLAC.
Breadth is still weak even though market turned positive.
Like to see better breadth and MSFT sell off to breakout at 28 +/-; then, we see the true market breadth.
Market Internals
Issues NYSE Nasdaq
Advancing 1,505 1,247
Declining 1,549 1,575
Unchanged 165 137
Total 3,219 2,959
Ratio
Advancers to Decliners 0.97 0.79
EBAY is trading near at break-out again.
GOOG is in consolidation phase heading to 513. YHOO is positive, heading to 33.
SMH is showing a follow-up action showing positive 1.16% with TXN, MRVL, NSM and KLAC.
Breadth is still weak even though market turned positive.
Like to see better breadth and MSFT sell off to breakout at 28 +/-; then, we see the true market breadth.
Market Internals
Issues NYSE Nasdaq
Advancing 1,505 1,247
Declining 1,549 1,575
Unchanged 165 137
Total 3,219 2,959
Ratio
Advancers to Decliners 0.97 0.79
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