Archive for February, 2007

Morning Call

February 6, 2007

The DOW closed the day up 8 points and continues to build out its consolidation above 12600, watch this area for the next major move. Both the S&P and NASDAQ continue to trade sideways, waiting for the next big move. The FTSE, writes Greg Secker, 100 closed up 7 points and is still finding resistance [...]

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Morning Call

February 5, 2007

The DOW closed Friday down 20 points, but above the 12600 level as it continues to build out its consolidation, watch this level for direction this week. Both the S&P and NASDAQ traded sideways on Friday. The FTSE, writes Greg Secker, 100 closed up 28 points, again finding some resistance in the 6320 area of [...]

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Morning Call

February 2, 2007

The DOW closed the day up 52 points at a new all time high of 12673. The index continues to hold above the key 12600 level if this level is broken we could see a sharpe pull back. The S&P closed up 7 points at 1445 setting a new 5 year high. The NASDAQ closed [...]

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Morning Call

February 1, 2007

The DOW closed the day up 98 points with a rally through 12600 and closed at all times high of 12621. The NASDAQ and S&P both pushed higher and are now looking bullish. The FSTE 100 fell 38 points yesterday and is sitting on the 50 ema. The FTSE, writes Greg Secker, 250 fell 30 [...]

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