So As I Was Saying...

... the market's looking good again. :-) After a couple of days of confusion thanks to Greenspan the market's have resumed the bounce they started on Monday. That NASDAQ, for its part, is back above the morning star it completed on Monday and above all the moving averages (the 10, 20, 50...). I think that the interest rate sell-off did nothing but suck in some more bears. And I might have been one of them if the market wasn't already so oversold. So once again I'm looking for a retest of the April highs.

check out my neighbors in meatspace


Creative Commons License


This work is licensed under a Creative Commons Attribution - Noncommercial - No Derivative Works 3.0 License.


Quoted

"There are old traders and there are bold traders, but there are very few old, bold traders." ~ Ed Seykota
  • Even if you don't have perfect credit, you may be eligible for a $500 payday loan. Apply today and receive cash advance by the next day, all via the Internet
Powered by Movable Type 5.01

About this Entry

This page contains a single entry by Michael published on April 23, 2004 8:55 AM.

Greenie Applied the Smack-Down was the previous entry in this blog.

Zzzzz... is the next entry in this blog.

Find recent content on the main index or look in the archives to find all content.