3pm update - its still minor noise

We've seen yet another small rally from the early 1465 low, but so far..its holding under the 1474 mid-Sept high. Who wants to go long @ 1472/73 ? I didn't think so. Near term best guess remains a retracement under last weeks low of 1451...somewhere around 1445/40.


sp'60min4 - retracements

sp'daily5

Summary

News that DELL might be taken private certainly helps to suck up the tech' sector a little, even the corporate dog that is HPQ is up 5-6%, although I'd most certainly still be seeking the $10 level later this year.

back after the close..on what is a very sleepy Monday.