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Re: mick post# 3040

Saturday, 09/22/2007 6:04:53 PM

Saturday, September 22, 2007 6:04:53 PM

Post# of 3310
Market View: Nasdaq Comp tests resistance at 2677 (TECHX) 2675 +20.62 : Noted resistance for the Nasdaq Comp at 2675/2677 in the 11:05 update with the index vacillating near this zone over the last hour before slipping slightly in recent trade. Similar trading pattern as S&P noted in 10:35 update (end of fifth off yesterday's late low?) so watching to see if signs of a short term corrective phase begin to develop. Next resistance is at this week's high and the July gap between 2682/2688.



Caspermick

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