Thursday, March 26, 2009

Strong close...a good indicator of market strength !!!!

All index are participating in this market rally......

Nasdaq was the % leader in gain & in strong volume.....

Internals were stronger today with 4 to 1 lead of advancing stocks.....

New 52 week high /low list is very interesting......

10 new high 0 new low in NYSE......

22 new high & 13 new low in Nasdaq.....

VIX closed @ 40.36 Down 4.47%

BUT.....AH???

Futures are all RED...

Gold Down...

Oil down.....

Silver Down.....

So we MAY have SOFT open...then????

Solar stocks were the-superstars UP almost 40% in some case.....there is new incentive in China in terms of rebate...which is quite aggressive !!!!

BLOG does NOT give buy or sell.

Saleem

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