Friday, March 9, 2007

The Markets Today

SPY: -.01%
QQQQ: +.05%
IWN: +.48%

Translation: money flowed into the small cap market today. Everybody else was scratching their heads.

Looking at the charts, we have a lot of meandering in the SPYs and QQQQs. They opened higher, dropped, moved around, sold-off then rallied. The IWNs at least closed higher.

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