Markets were all set for freefall based on Asian & European trading where losses were as much as 10% on closing basis......
We all were positively surprised to see that averages were PUSHED down @ close to ONLY 3%+ on all indices......
Why do I say PUSHED down...because that was done in last 5 minutes....by those who wish HARM to investors confidence....
Today NASDAQ after going down to new LOWS was down the LEAST only 3.23% while Dow & S&P 500 were down more.......this IS very significant as semiconductor index is showing sign of life...which IS very good for the health of technology stocks......
New 52 week low on NYSE & NASDAQ were in 700 range....decliners lead by 4 to 1 .....negative but NOT DOWN & OUT.......
By 10 am Saturday...I will list technically weak/strong/buy rated stocks.
BLOG does NOT give buy or sell.
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