Market Report -- In Play (SNDK) February 06, 2004 2:34:00 PM ET
SanDisk nearing Dec low/gap resistance at 53.20/53.27 (SNDK) 53.13 +1.72: -- Technical -- Stock gapped below its Dec low (53.20) on Tuesday but has worked higher over the last three sessions. In recent action today it has moved back toward the Dec low and gap top resistance in the 53.20/53.27 area... see 10:09 update for additional commentary
The type of movement on some of the market internals today on especially the dow would ordinarily be a 250-300 point up day. Today isn't as strong as it would seem.