12-19-07
The Dow index has made a higher high and higher low today, which makes it a bullish day instead of bearish day. If Dow can trade above the high of 12-17-07, that a giant break with giant rally back above 13500 level. With important GDP final Q3 number tomorrow morning, expect it probably worst than estimate and see if Dow remain on bullish side to trade up. Morgan Stanley (MS) was reported a big loss earning this morning and MS stock close in positive note. So, it could assume the mild bullish sentiment remain as Dow ended down -25, Nasdaq up 5.
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