Monday, August 11, 2008

The Trend Is Your Friend Until the End

12:51 ET DJIA +76...SPX +12...Nasdaq +34...RUT +16...SOX +8...Oil -1.00 The broad indices are moving higher on Monday while oil is moving lower. A theme we have grown accustomed to over the past 3 and a half weeks. All sectors are higher except XLE and XLB. Monday's Midday Action Moving Up: AMZN, MA, GS, AAPL, PCLN, DECK, V, UAUA, STRA, DRYS, GRMN, MS, LEH, BRCM Moving Down: BIDU, POT, CF, MOS, ANR, FSLR, X, CLF, AGU, SCHN, CNX, MEE, BTU, IPI, USO, SINA, NUE, FWLT, MON, IBM, FNM, JASO We are on the road today, so we won't be posting again until later this evening...

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