Thursday, August 31, 2006

NASDAQ Technical Picture - No Traction Pre-Holiday Trade

Not too many buyers ahead of the long weekend. A NR day on slightly higher volume. Expect more of the same tomorrow.

We have lots of economic data tomorrow starting with non-farm payrolls at 8:30, followed by Mich. sentiment at 9:50 and construction spending and ISM at 10:00.

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