Thursday, August 14, 2008

Trying To Rally

Indexes will try to rally today and deflect some of the increased anxiety over whether there will be a test of the lows in the not to distant future. NQ100 continues to be the strong hand with the AAPL cult helping to lead the way. DJIA and SP500 have been hindered by JPM and Deere along with other not so positive earnings results. The bulls still have the upper hand in here but consistantly bearish professional trade is an obstacle.