How To Read Stock Market Quotes

The Major Indices are now in a 8 week long, deep base, that saw the indices sell down almost 20% from 52 week highs on the lows set on August 9.th. Carried out its inaugural week the S&P 500 gained 2.3% on about average weekly volume, but far greater volume compared with previous 2 weeks. We had sold out short positions within the early part of August but had not felt bullish enough begin getting long again. That changed last Friday afternoon September 9 th.

The markets showed improvement across the board: domestic, international, emerging, small cap, big do not lik.all of 'em. The Dow, S&P 500 and Amex get home into positive territory ytd while the Nasdaq and NYSE Composite are still below last January's beginning number.

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