Thursday, August 14, 2008

Today's Action

NAZ should be finding resistance here in the 2450s. In fact the S&P is doing the same, resistance, here, 1290ish. Interesting to note the NASDAQ is down around 8% for the year versus the S&P, -11%, and the DOW, down 13%.

Consumer prices up at the highest rate since 1991.

CALM looking good, up around 9%. A little late to add more.

Campbell Soup in play? Heinz suspect. CPB breaks above $38.59 I'd be a gamer.

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