Tuesday, June 20, 2006

NASDAQ Technical Picture

It feels like the summer doldrums because neither the bears nor the bulls are trying very hard here. If the bulls don't step up soon, we're going to retest the June lows. There's a real lack of leadership in tech land. I'd like to see the semis do something here.

Enough of that, here is Mike Ashbaugh's take on the markets.

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