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otraque

05/10/04 7:44 PM

#242693 RE: Joe Stocks #242690

182 new lows in Nasdaq and 9 new highs,.
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Mapleton

05/10/04 9:45 PM

#242710 RE: Joe Stocks #242690

Forgive my pre-historic method of market analysis, but the Nasdaq clearly rallied back from intra-day sell offs:
http://finance.yahoo.com/q/bc?s=^IXIC&t=1d

On weak trading days you'll see a relentless downward sell off, without any significant combacks in buying. Any fool can clearly see the bargain hunters were out today.