logo

Hot News show next Hot News

Dave Fry's Market Comments for June 26
By: Dave Fry   Thursday, June 26, 2008 8:06 PM
Symbols: AMZN, GOOG, RIMM
enter symbol
enter search string

Join Blog Network
Alerts by Email
Research Articles
Stock Ranking Changes
submit article
Okay, I guess that about does it for the bull market, but wait--there’s one more day left in the week [snicker].

Picture[s] are worth a thousand words, so let’s get to it.

As you can see Yahoo/Finance has gone completely whacky in their math.



























Let’s check-in on the Four Horsemen shall we?












































































































First, I’m engaged in a dialogue with ProShares regarding tracking efficiencies from our and a layman’s perspective. It’s fair to say that intraday and intraweek tracking errors can be significant. You have to give them time to work for you generally. These issues become larger when viewing newer less liquid issues especially from overseas markets. When I receive answers that are substantial apart from this basic observation I’ll pass them on. In the meantime, please email me [dave@etfdigest.com] your issues and I’ll present them on your behalf.

There is only a day in this week remaining. It’s apparent that should we break March lows tomorrow we could have a very nasty Monday. Officialdom is once again burning the midnight oil as they endeavor to stanch the bleeding. I wouldn’t be surprised by any intervention to affect markets tomorrow or Monday.

Let’s see what happens.




Subscribe to Email Alerts rss feed or RSS feeds rss feed for articles from more than 300 contributors and press releases, SEC filings and full text news from thousands of sources.
(0)
No Comments

Fundamental data is provided by Zacks Investment Research, market data is provided by AlphaTrade. , and Commentary and Press Releases provided by Quotemedia