Thursday Outlook: Grab Your Paintbrush
August 28, 2008
David Fry (ETF Digest) submits:
I was day-trading a quiet NASDAQ market yesterday when suddenly the market spiked sharply higher a little after noon. What happened? I looked around at various sites for clues and the only comment was from Briefing.com: “…there doesn’t appear to be any catalyst for the gains.” Hmmm. Then at 2:00 PM another comment was: “…market breadth is positive although conviction behind the market is unclear.” Double hmmm.
Thursday Outlook: Grab Your Paintbrush
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