Daily Market Comments 19 Apr 06 by MastersoEquity.com

A big big up day yesterday at the markets. DJIA was up 1.76% and NASDAQ was up 1.95% with the feds hinting at the end of the rising interest rates. It was a broad based rally that looked a little suspicious as there was no confirmation of stopping interest rates hike afterall. Such a rally is rarely sustainable and must be followed up with considerable strength tomorrow.

Technically, the DJIA and NASDAQ has rallied on a similar move on January 2006. We shall set our eyes peeled on the next few days.


FREE! FREE! FREE! : Find Out What Kind Of Trader You Are With Our Proprietary Psychometric Test.