Cusick’s Corner 02-24-2012
The grind continued into the After Hours and while this is frustrating for traders, it’s like Bill Murray’s “Groundhog Day” — we have seen this type of action repeat all week. I pointed this out on the close yesterday when the NASDAQ sat right at the 2600, so still no side tipping their hat. I did not like the fact that Consumer Discretionary, XLY, and the Financials, XLF, both lagged all week against the S&Ps. I will watch for an early squeeze next week, ’til … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards
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