Tuesday, March 30, 2004

Not much new to report on this slow day.  I have to say that I'm impressed so far with how the market has responded to the overbought conditions from last week and again yesterday.  The S&P and Dow have held extremely well in the face of readings it should not have, and continue to not give up much ground while some of our measures correct back down to neutral readings.  I'm still watching the 1125 area on the S&P as an important pivot. 2:47:42 PM