Thursday, April 21, 2005


The Dow exploded upward, 206 points by the end of the day. Although it's again "almost" a sideways bar, as I said yesterday if the market didn't go down today, I expected the bottom to be in and the market to turn upward. The Stochastics are going up toward 20, but the proprietary moving average made a sharp "v" today going upward. There should be good follow through upward in the market tomorrow.

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