Wednesday, August 03, 2005

Stock Market Commentary for Thursday, August 4, 2005

NASDAQ experienced only a tiny bit of profit-taking on Wednesday after its recent rallying, falling a slight 1.34 points.  That's actually a fairly good sign.

The economic data was somewhat mixed.  No new news there.

NASDAQ trading volume was moderate (1.83 billion shares), and breadth was moderately negative, with 1.41 losers for each gainer.

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