WhisperNumber.com Outlier Report, 02/23/2010
Last report we stated “data now indicates a potential for market weakness moving forward.” The morning after that report was released the Dow was at 10,261. The market closed today 122 points higher at 10,383. Over the past week the market remained steady with the limited strength spread out over the past four trading days. The limited market strength moved the investor confidence reading 14.1% higher to 43.5%. This reading continues the hi-lo pattern and may be indicative of investor uncertainty.
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WhisperNumber.com Outlier Report, 02/23/2010