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"We see what we want to see unless we make a conscious effort to see what is really there." -anon.

Archive for March, 2008

The Dow and S&P closed a bit lower than yesterday, but generally rallied well from the lows of the session. The Nasdaq actually closed with a slight gain. The trend of the Nasdaq, as you can see on the chart of the QQQQ to the left, has had a sharp downtrend, but has failed to [...]

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Not much to add regarding stock indexes today. The indexes were generally lower, but closed well off the session lows and on lighter volume. Trends and momentum remains down, with the Nasdaq already in the testing area of the previous lows. Gold continues higher with no indication of exhaustion yet. The EuroCurrency looks like upside [...]

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