Thursday, October 8, 2009

Indices UP .63% to .75%.......NICE !!!

S&P 500 & Nasdaq were UP 4 day's in a row...Dow had 3 out of 4 UP day's...

Internals were much stronger than close as listed below :

UP volume led by 3.03 to 1 in NYSE & 2.35 to 1 on Nasdaq

Advancing stock led by 2.67 to 1 in NYSE & 1.39 to 1 in Nasdaq

New 52 wk high 379 in NYSE & 171 In Nasdaq

So far October is behaving better than expectations.......

Booking profit may not be a bad idea as volatility CAN eat some of the profit.....

VIX closed @ 24.18 UP 2.03%

AH Futures are UP in Dow & S&P 500 but Down in Nasdaq....

AH Oil Down

AH Gold Down

AH Nikkei UP .96%

BLOG does NOT give buy or sell.

Saleem

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