Friday, September 23, 2005

CAT 3 RELIEF

When Cat 5 went to Cat 4 the market boogied, but when Cat 4 went to Cat 3 the market went flat! Oh well.

Another day where new LOWS outnumbered new highs. Some CHinese names getting played now. from yhoo

3:18PM New 52-Week Highs :There are not a lot of new 52-week highs today, but some Chinese tech names are breaking through. Tallies so far today for new highs vs lows are 77-120 (NYSE) and 95-91 (Nasdaq)... Sectors with good representation on the new high list today include Chinese Tech/Internet (KONG, LTON, TOMO), Biotech/Pharma (BCRX, CBST, POZN, XNPT), Software (LPSN, WSSI), Semis (SIMO, SMSC), Oil & Gas (AEZ, APL, DBLE), Other Large Caps (GD, LEH, RIO, UNH).

That's it. STAY safe Texas, it looks like maybe we dodged one here.

Duratek

1 comment:

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