Video Stock Market Technical Analysis Review 8/10/07

After a wild week of trading, the SPY, SMH and IWM closed the week out with gains the Nasdaq 100 was the only index that I follow on this blog which showed a loss, but it was a small one. There is still a lot of uncertainty in the markets and I am wondering if the Fed actions did nothing more than delay further selling. The underlying problems for this market still exist and I suspect that we will continue to see more news driven mini panics over the coming weeks.