Dear Members: Market Update: It's week/month end with money managers scrambling to get things in order as the second quarter comes to an end. Up until yesterday it looked as though all of the major indexes would end up lower for the month. But…
Dear Members: Market Update: In Monday's Market Update I proposed the notion that it might take some more selling to get traders off the side lines. I pointed to the NASDAQ, that perhaps a visit to its 50 day moving average, then at 7418, as a level…
Dear Members: Market Update: The tide can turn very quickly as we've already seen this morning with all of the major indexes well off of their session highs and a reminder of how quickly things can shift in a volatile market. Just like we've seen the…