Market Summary*
 
03/24/06
 

Mr. Market gave faithful Shark Investors some good action in the final hours of trading today as the earnings winner momentum stocks heated up and closed very well. Despite the modest action in the major averages the big Mo returned in SmallCapVille and may set us up for some good follow through early next week. Despite the positive close, we must remain quick and nimble as the fed is looming and due to report on Tuesday. Anything less than what is expected may cause the action to be very choppy. Something we've come to expect.

 

Breadth finished the day very strong and despite Gold blowing out in front of the pack, other sectors we favor such as networkers and semiconductors faired well.

 

All and all the action was positive and we believe the week was a win for the bulls. March has been a very exhausting month and we see no reason to conclude that next week will be any different. Rest up and we'll see you bright and early on Monday morning.

 

Have a good evening.


RevShark