So As I Was Saying…
Posted on April 23rd, 2004 in Stock Market
… 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.
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