Thursday, June 18, 2009

Market summary

Markets rallied today a bit as expected on low volume. Tomorrow is options expirtaion plus futures rollover etc so could be volatile. SPY has broke trendline while QQQQ are right at it. Clearly Q's are strongest and when this correction is over Q's could be the place I want to buy.
Finacials utils healthcare led while homebuilder semis lead the downside.
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