Wednesday, January 24, 2007

The Dow and S&P break High



The dow and the S&P broke high today. As you can see in the above chart the NASDAQ is showing a small divergence. The dow and S&P are breaking high but not the NASDAQ. Will the NASDAQ pull the rest of the market down or will the strength in the dow and S&P pull the NASDAQ up? Right now in after hours trading EBAY is up 12%, GOOG is up over the $500 mark.. Tomorrow is going to be interesting.

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