Video Stock Market Technical Analysis Review 9/28/07

The market experienced a little bit of profit taking today but the uptrend (particularly in the Qs) remains intact. The Russell 2000 (IWM) continues to be the biggest reason for concern for the market as it came down to the important 80 level where there has been prior resistance and it is also the location of the widely watched 200 day MA. Earnings reports releases will start to slowly build next week now that the books have been closed on the third quarter so remember to check for earnings dates on stocks you are considering for overnight holds.