No, but when the talking heads can't figure out "what to say about why", at some point, one just has to learn, like in soccer, to follow the ball.
Today it looks like the guys at yahoo ran out of excuses... now that the markets are higher than the meltdown everyone is lookin back to the meltdown price points of 2008. 2155 was support resistance in naz, 10000 is a good sup-res point on the dow. pick your number...now we wait for earnings and some are great...
last q some companies beat only on bottom line, this q a lot of companies like cree are beating on top or top and bottom line.
"12:30 pm : The stock market continues to drift off of its session highs, which were reached roughly two hours ago when the S&P 500 eclipsed the 1100 mark -- a source of near-term resistance. Though the stock market made its way above that hurdle, its stay there was short lived."
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