Jerry Samet
02-19-2012, 06:17 PM
The market bounced around unchanged all day and ended mixed with thee New York averages up slightly and the Nasd averages down a bit. Volume was also mixed, rising a bit on the NYSE and declining a bit on the Nasd. The Nasd escaped a distribution day with the lower volume. Leading stocks were also little changed with the leaders index declining .46% on lower volume. All the major averages remain above their 10dma's and the leaders index finished above the 9dma. There are some signs of fatigue in the rally no on real problems yet. Jerry