COMP over 2000? FWIW, Bernie Schaeffer has maintained his short term bearish since Jan 15th. I suspect he may turn bullish if we are able to hold here for a while, given the following excerpt from Friday's market commentary: (I shook my head in disbelief when I read this)
"As Bernie recently pointed out, the Nasdaq Composite (COMP – 1438.5) is trading above its 10-month and 160-month moving averages for the first time in more than a year. *If the COMP manages to hold these gains, it could signal a break of its recent range – one that ultimately carries the tech-heavy index up to the 2000-2200 area.* We'll be keeping a close eye on these long-term trendlines in the next week." http://www.schaeffersresearch.com/sentiment/recap/review.asp
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