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Re: FinancialAdvisor post# 7036

Wednesday, 04/20/2005 3:45:08 PM

Wednesday, April 20, 2005 3:45:08 PM

Post# of 25966
***Broader market comments... while we are down today, this move isn't being confirmed as it would've been in the past. And what I mean by that is that the Q's and Nasdaq Composite are NOT outperforming the Dow & S&P to the downside, this is either an anamoly due to the fact that certain tech stocks rallied because of earnings last night and pre-market or it could be because the Dow/S&P are taking over market leadership. I'll take the first option, so until proven otherwise, the Q's are the leaders despite this action, but it's worth noting because there are still outstanding gaps on the Q's... while the Nasdaq also still has a gap but it's not as blatant as the one on the Q's...

I'm pointing this out in case the end of the week offers some whipsaw action, it is known why... it occurred because of today's anamoly & non-confirmation???...







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