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	<title>lamdar &#187; Nasdaq</title>
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	<description>- Stock Market Analysis</description>
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		<title>Stock Market Analysis &#8211; 07-18-2008</title>
		<link>http://lamdar.com/2008/07/20/stock-market-analysis-07-18-2008/</link>
		<comments>http://lamdar.com/2008/07/20/stock-market-analysis-07-18-2008/#comments</comments>
		<pubDate>Sun, 20 Jul 2008 23:37:20 +0000</pubDate>
		<dc:creator>lamdar</dc:creator>
				<category><![CDATA[Broader Market]]></category>
		<category><![CDATA[GOOG]]></category>
		<category><![CDATA[MSFT]]></category>
		<category><![CDATA[Nasdaq]]></category>
		<category><![CDATA[S&P 500]]></category>

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		<description><![CDATA[Friday was a day where the indexes greatly diverged.  Led by GOOG and MSFT, techs tumbled across the board taking the Nasdaq down while the S&#38;P 500 and Dow were mainly unphased.  We&#8217;ve surpassed one of the lower highs, but we&#8217;ll have to start setting higher lows for it to mean anything.  That means I&#8217;m [...]]]></description>
			<content:encoded><![CDATA[<p><a title="SPY Daily Chart" href="http://stockcharts.com/h-sc/ui?s=spy&amp;p=D&amp;b=3&amp;g=0&amp;id=p04107322155"><img style="border-right: 0px; border-top: 0px; border-left: 0px; border-bottom: 0px" src="http://lamdar.com/wp-content/uploads/2008/07/image11.png" border="0" alt="SPY Daily Chart" width="540" height="338" /></a></p>
<p>Friday was a day where the indexes greatly diverged.  Led by GOOG and MSFT, techs tumbled across the board taking the Nasdaq down while the S&amp;P 500 and Dow were mainly unphased.  We&#8217;ve surpassed one of the lower highs, but we&#8217;ll have to start setting higher lows for it to mean anything.  That means I&#8217;m ready to short on the next downswing, but a quick bounce before 125 will be the signal to wait longer.</p>
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