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LisaAu

02/01/11 11:29 AM

#10616 RE: TREND1 #10615

Yes, this is a powerful early day market move. Buy the dip lives!
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LisaAu

02/01/11 12:40 PM

#10617 RE: TREND1 #10615

$NYA (NYSE composite index) gave a hint yesterday as it moved, late session, and closed above the 20, 50, and 200 SMAs:

http://stockcharts.com/h-sc/ui?s=$NYA&p=5&yr=0&mn=0&dy=3&id=p74011831907&a=223030595

I always like to watch for the intersection of those three MAs.