Feb 9, 2005

Slow Week

Today is a bit like Monday and Tuesday but slightly more negative. Selling some more this AM. Gradually working towards flat. I don't see much of a reason for a bounce in the afternoon but maybe HPQ and Dell can get something started.

It is difficult to tell whether the emotional indifference should be considered bullish or bearish.

The long end of the bond market is getting some support from the rally in the short end today.

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