More Observations 12/18/06
NAZ made it over the 2470 hump today, NDX still lagging on 11/24 high, MID & RUT still lagging on 12/05 & 12/06 highs.
Large afterhours volume spikes on Friday gave a hint for todays broadbased pullback.
Tommorrow housing starts, building permits & PPI await. SP500 hit 1431 then fell to 1420, bouncing to 1422.5 at close. Perhaps more fall then a bounce off SP500 1418 awaits?
Large afterhours volume spikes on Friday gave a hint for todays broadbased pullback.
Tommorrow housing starts, building permits & PPI await. SP500 hit 1431 then fell to 1420, bouncing to 1422.5 at close. Perhaps more fall then a bounce off SP500 1418 awaits?
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