Sons And Daughters Of BBCMF High Technologies Companies, It, R & D, domestic, international

[mick]

Afternoon Wrap: Broad based gain, new 52-wk highs for several averages :After a few days of a lower volume consolidation, the market averages have put together a strong, higher volume advance with the Nasdaq indices (100/Comp) as well as the Russell 2000 and S&P 400 reaching new 52-wk highs. All the major sector indices are positive with leadership provided by: Steel +4.2%, Semi +4.1% (SOX breaks out to highest level since April 2004), Oil +3.3%, Oil Service +3.3%, Gold +2.8%, Commodities Index +2.7% (new 52-wk high), Paper +2.4%, Natural Gas +2.4%, Restaurant +2.4%, Airline +2.2%, Coal +2.1%, Healthcare +2%.