Securities Research Services

Saturday, April 28, 2007

Weekly Momentum Very Strong

This market has its doubters; many of them. This is a healthy sign of a good trend though. Panning back to the weekly charts and it is possible to see momentum on this rally is very strong. Dips along the way are certainly possible, but this is a strong uptrend, the semiconductors broke out, and the QQQQ is threatening to break out.

If the QQQQ breaks out, things are going to get really exciting.

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