Wednesday, October 27, 2010

Nasdaq 100

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The indexes followed the dollar and opened lower today, however the Nasdaq 100 index pushes up. Interesting fact is that the number of declining stocks in the Nasdaq 100 index is bigger than the number of the advancing stocks, however, the volume associated with these advancing stocks is higher than the volume associated with declining stocks. It looks like these stocks are holding the Nasdaq 100 index from a drop. The question is for how long...

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