Friday, May 25, 2007

Healthy Holiday Close

Russell2000Nasdaq Comp.100

All the indices closed up today on mostly lower volume (particularly the DJIA). The S&p500 was up a mere 0.55% on strong volume. A mostly down week, with lots of M/A news, weeker than expected existing home sales, and an increased likelihood of interest rates remaining where they are. The indices are all above some solid Moving Averages and it seems things were set up for a stress-free 3-day weekend.

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