Tuesday, March 25, 2008

Dullish

Quiet day as NQ100 advanced a bit with nothing else moving. DJI needs to get and stay over 12768 this week to step out of downtrend. Some successful operations, not members of bull or bear camps for a living, are still tremendously cautious and looking for a extended bearish trade. Data from models continues to be neutral with no power strength numbers that we saw in recovering from the breaks.