Sunday, October 08, 2006

breaking out

How close can you get to 2300 on the nasdaq without actually reaching it? Check Friday's close...All the indices look great to the long side if the rally has some legs and can keep moving in the upward direction.

So the Amaranth disaster is making waves. Evidently there have been a few other significant draw-downs and minor implosions over the past several months including Vega and Mother Rock.

Happy weekend.

DJIA 11,850.21

NASDAQ 2,299.99

SP500 1,349.58

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