Stock Market Analysis

Tuesday, May 06, 2008

Yet Another Sideways Day...

Two days into the week and the Dow has done nothing more than moving sideways. These sideways days have brought the Dow slightly down from being overbought as the possibility of a significant breakout of the 13000 level builds up. Tomorrow's housing data is going to be the center of attention and a positive number might be the catalyst the market needs to continue this rally.

0 Comments:

Post a Comment

<< Home