I’ll let you know now that I’ve secured a trip on Bear Force One. Desperate times call for desperate measures. I don’t fly off until half an hour after Friday’s close, so any effects from this won’t be felt until the new week. Something’s got to be done, however, because I am seeing some real strength taking hold. Below is the important new support level for the NASDAQ Composite.
Likewise, here is a similar support level for the NASDAQ 100.
It isn’t just tech either. Below we see the Dow Transportation Index pad its already substantial gains.
At this point, the last wispy hope for the bears is going to be next Tuesday morning’s CPI. The sailing is feeling awfully rough these days.
