Tuesday, February 23, 2010

Nasdaq closed Down 1.28% on above average volume.....

All Indices closed weak on lousy consumers sentiment......

Volume in Dow & S&P 500 were below average BUT Nasdaq volume was above average.....

Dow was relatively better performer ...Down .97%

SO..we had 2 Down days so far ......

RSI in S&P 500 is @ 49.12

Internals were Negative by 2 to 1

AH STEC ER was bad in guidance Down 27.05% in AH volume of 3.06 million....

AH Futures are NOT looking good @ all.... Down <77> in DOW,<10> in S&P 500 & <17> in Nasdaq

AH Nikkei Down 1.83%

AH Oil UP

BLOG does NOT give buy or sell.

Saleem

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