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Wednesday, November 30, 2005

11/29/2005

Sold MRVL, AX after selling it @ 59.00 and bought @ 60.5, Sold UHN @ 59

Charts:
Dow @ 10888, can't seem to break through 10959. This value represents the YTD high. The DOW is up 700 points since the end of October. The odds are it will retreat.

NASD @ 2232 it broke the YTD high of 2200 which is MS. After being down for the past couple of days, if it can maintain above this level it will keep the rally intact. The volume has been down the last couple of trading sessions. Not sure what will happen here.

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