Monday, March 21, 2011
BAT Computer Results for Monday March 21, 2011
The markets were impressive today, posting +1.5% or greater gains across the board. The quick response to Libya seems to have gone over well, and the knee-jerk response to the Japanese crisis seems to have settled. The BAT computer shows however, that the gains today happened on slightly less than average volume, which is somewhat worrisome, and the momentum still remains below zero. Nonetheless, a 48 point gain is not too shabby.
(Click on image for full screen)