The market tried once again to go through resistance at a little above Dow 9600, and seems to have failed again.
Intel is the star of the day after announcing better expectations for the coming quarter. Advanced Micro Devices is on our radar on its own merits and in sympathy with the Intel announcement.
We made a purchase this morning, buying Eastman Kodak at $5.18 a share. For the first time that I can remember, this stock looks technically sound after breaking out of a trading range on heavy volume. I will consider taking a profit around $7.
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