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More gaps during the past month or so than a rotting shack! This market is
exhibiting a great deal of internal tension.
Earl
<BLOCKQUOTE
>
----- Original Message -----
<DIV
>From:
Kent
Rollins
To: <A title=realtraders@xxxxxxxxxxxxxxx
href="">realtraders@xxxxxxxxxxxxxxx
Sent: Monday, April 26, 2004 8:59
PM
Subject: Re: [RT] top ? on sp500?
Are you talking NYSE? If so, then a lot of
those could be interest rate-related vehicles. The housing starts number
this morning set a new record. I think the market has been behaving a
bit abnormally since the last jobs report due to the unwinding of the "carry
trade" and sector rotation in expectation of higher interest rates. How
was NH/NL on the NASDAQ?
Kent Rollins
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