The NASDAQ rose during the course of the week, using the 4300 level as
work. We closed at the very top of the range, and although you could
make an argument for a “double top”, we feel that the market has enough
momentum underneath to continue going higher. Is because of this that if
we break the top of the range for the previous week, we are more than
willing to start buying as we think this market really only can go in
one direction at this point in time. 4000 will be the “floor.”
