Call it a Comeback

I think the bulls have to be happy with yesterday's results. The market was able to rally back after gapping down on the raised terror alert level. Volume is still lacking though, so it's hard to get real excited about this rally attempt.

NASDAQ Daily Chart

Here's a chart of NVTL which I've been watching for a pop above last week's highs. I think it wants to break out of its cup & handle pattern.

NVTL Daily Chart

check out my neighbors in meatspace


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Quoted

"I prefer not to dwell on past situations. I tend to cut bad trades as soon as possible, forget them, and then move on to new opportunities." ~ Ed Seykota
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This page contains a single entry by Michael published on August 3, 2004 8:05 AM.

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