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Re: FinancialAdvisor post# 4837

Tuesday, 03/08/2005 1:56:50 PM

Tuesday, March 08, 2005 1:56:50 PM

Post# of 25966
*Markets beginning to show slight weakness now with Crude oil at & above $55 but showing closing strength... all markets at lows of day but the Dow... and the QQQQ and the Nasdaq Composite (arguably the market leaders) are trading below their 50 day SMA again...

Today's close is very important, bulls want to see the Q's close above the 50 day SMA which is around 39.93 and the Composite which is around 2079.75...

As of the is post, the Q's are at 37.79 and the Nasdaq Composite is at 2079.17...

The weakness isn't significant at this point, but the close is very important for today. So far, volume is weak today...




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