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02/26/06 11:25 AM

#21928 RE: GLENO34 #21921

Hey Gleno

The SPX is sitting at support. Basically the markets are all in line so we have a buy/hold scenerio. They are all sitting at areas where a break of NDX 1672 or SPX 1289 we could have tradeable shorts. There is a lot of negative D out there with little trend or volume here. The breakout on the Dow is done in low volume, trin is indicating a neutral, NASI etc are indicating indecision, so I guess the GLENO indicator saying down means more of the same......