March 30, 2006 Stock Market Recap

More chop today but what else is new? The Dow, which has been especially helter skelter since the Fed decision, seems to have a magnetic attraction to 11,150. It needs to stay above that level (area) to keep its breakout intact. The S&P is also not far from invalidating its breakout. Can month-end mark-ups save the day? Stay tuned...

In addition to the charts of the Nasdaq, S&P 500 and Dow, there are charts of DexCom Inc. (DXCM) and VistaPrint Limited (VPRT) below:









I'm tempted to try VPRT [in my long(er) term account] despite the mixed signals. I've been watching this ever since it IPO'd but have never gotten in...


check out my neighbors in meatspace


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Quoted

"There are a million ways to make money in the markets. The irony is that they are all very difficult to find." ~ Jack Schwager
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This page contains a single entry by Michael published on March 30, 2006 8:01 PM.

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