Friday, April 20, 2007

Friday Pre-Market

You don't need me to tell you that we're going to have a positive day on the street. Between the oversold reading as provided by the up/down ratio, the volatility of the ATR reading on the DOW and GOOG's surprise (not really but some people think it was) the market, as a whole has no where to go but up.

The only fly in the ointment is this -

That side-stepping is not encouraging in the least.

As always take what the market gives you and don't ask for what isn't there.

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