Nasdaq Acting Stronger

09/25/2008 12:00 am EST

Focus: STOCKS

Thomas Aspray

, Professional Trader & Analyst

chart

Both the Nasdaq and S&P 500 made new bear market lows last week but since the March lows the Nasdaq Composite has been acting stronger. The RS chart shows a solid uptrend as the Nasdaq is down just 0.3% from the 3/17 close while the S&P 500 is down 5.2%. First strong resistance at 2235

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