[Weekend Summary]
Dear Member:
A week in which almost everything returned to a support. BBH, CHINA, EBAY, SPY and MU all descended to support during this shortened low volume week. Micron (MU) did break its' uptrend and needs to be watched for a "kiss-goodbye." The Dow 30 and the SP-500 closed near support and the Nasdaq gapped down below the 50 day moving average.
The Nasdaq is of some concern to bullish traders, but the move has been on decreasing volume. If it continues down, the first target I see is around 2175 and next after that about 2110.
Happy 2006! I hope you have a great new year. Thank you for subscribing.
Bill
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