Saturday, March 21, 2009

Rebound Resting

The rebound is taking a rest. New toxic plan may plunge the market again. Current reading for various sectors are:
USA Longterm Midterm Shorterm
S&P500 Down Down Neutral
DJI Down Down Neutral
Nasdaq Comp Down Down Neutral
Russell 2000 Down Down Neutral
AMEX Airline Down Down Down (-)
AMEX Biotech Down Down Neutral
AMEX Natural Gas Down Down Neutral
AMEX Oil Down Down Neutral
AMEX Security Broker Down Down Neutral
KBW Bank Down Down Neutral
KBW Insurance Down Down Neutral
PHLX Housing Down Down Neutral
PHLX Semiconductor Down Neutral (+) Up (+)
S&P Retail Down Neutral (+) Up (+)

No comments: