Thursday, December 11, 2008

Looked for direction

Tech stocks managed to close with healthy gains with Yahoo leading the advancers. Other gains came from Microsoft, Dell and many others. Electronic Arts failed to join in the gains as the company issued a warning for its fourth quarter. In our opinion, the tech sector needs a catalyst to move higher.
Cuurent (2:00 am ET) NASDAQ Futures: -4.00 1213.00