Tuesday, May 01, 2007

Market Close: 05/01/07

Nasdaq A/D volume didn't look too swift.

1 comment:

Anonymous said...

Ongoing divergence since October in NYSE Adv/Dec Line (90 MA) and direction of indices. Same last seen in 1999/2000. Fewer and fewer stocks pulling this load.

Accounts continue to advance on schedule despite my idiocy of trying to game the Dark Side.

No change in "sentiment" until employment figures tank. Other trends are well in place downward, even retail sales, and are pre-recessionary AT BEST. Auto and housing are of course recessionary.

Isn't it wonderful what a money pump will do to asset prices? Now, how is it that I get out at the top again?