Guess what...indices closed @ another record...NICE !!!

Indices continues to make higher highs.

Internals were strong.....

Here is RSI read as of close :

Dow 74.78..recent high 80

S&P 500 71.70..recent high 78

Nasdaq 67.89..recent high 78

Why do i monitor RSI so closely , because it WARNS me in advance of potential OVERBOUGHT conditions....Not a science but it works for me.

Doug Kass has another flash..he is WAITING to add to his short.....he has been short for months which must have caused serious equity loss.....he firmly believes in being wrong again & again....fighting TAPE is his new MANTRA....

Stocks which were UP 4% or more included RIMM,SU,CNQ,
SOL,HSOL,BZH,ARUN,LDK....

AH ER NVDA is guiding higher , stock Down .34%

AH ER NTAP was a miss , stock Down 4.27%

AH ER AEM was a miss , stock Down 3.02%

AH ER KGC was a miss , stock Down .82%

AH Futures Down

AH Asian markets Mixed

AH Oil & Gold UP

BLOG does NOT give buy or sell.

Saleem