Close:
DELL collapses after-hours. It should be a down day tomorrow, at least for techs.
I know I sounded like a broken record all day with those VIX/VXN divergences and NQ not making new highs, but I tend to look at the guts of any bear market rally, and I was not that impressed.
SPX does close above 1292/1293, but with this news after-hours, and the ES chart showing the ex-wedge resistance, I will withold any enthusiasm.
DELL collapses after-hours. It should be a down day tomorrow, at least for techs.
I know I sounded like a broken record all day with those VIX/VXN divergences and NQ not making new highs, but I tend to look at the guts of any bear market rally, and I was not that impressed.
SPX does close above 1292/1293, but with this news after-hours, and the ES chart showing the ex-wedge resistance, I will withold any enthusiasm.
This entry was posted
on Thursday, August 28, 2008 at 8/28/2008 04:17:00 PM.
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