Thursday, June 08, 2006

After Market Review

Blogger still has problem today, I can't make any update in the afternoon while the market was opened. Hopefully this problem will go away soon.

The market has recovered from the deep lost today. Volume has increased tremendously. Both DOW and S&P index have come back positive, but Nasdaq was still down about 7 points for the day. Technically, it is still a distribution day for the Nasdaq market. If we can see a follow-thru session in the next few days, then today could be the bottom near term. But it is still too soon to tell. I would still wait on the sideline for more clear indications.

After Market Movers:
UP:
(QSII)
(ICO)
(AUO)
(INFY)
(TXN)

DOWN:
(SHFL)
(TTWO)
(IRF)

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