David Fry's Market Outlook for Thursday

by: David Fry

D Fry Market Outlook 02 08 2007

Someone (you know who you are) had fun. A trading desk at a large brokerage? A hedge fund with a sense of when to squeeze 'em? Or, da man? You can bet your bottom dollar we'll be hearing plenty of conspiracy theories after the day's craziness.

D Fry Market Outlook 02 08 2007

You'd never know we had this big rally based on market internals once again.

D Fry Market Outlook 02 08 2007

There's no reasonable instant analysis about this late moonshot or obvious divergences. So we'll just leave it with this chart and table. Let's see if bulls can follow-though tomorrow and rest of the week. It seems neither bulls or bears have been able to gain control so far.