Cusick’s Corner 02-17-2012
This is a frothy market but still very strong and support has not been challenged. We have been watching 2900 on the NASDAQ, to see if the downside/shorts are going to have any impact on the current trend. Right now we are in a big ascending triangle, which is a consolidation pattern formed when underlying trades in a range of relatively equal highs and higher lows and see buying on the dips. We have seen only two dips in the last 3 weeks, and there is a sense that … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards