Wednesday, November 22, 2006

Nanotech Index

The "Official" nanotechnology index used in this blog, the Merrill Lynch Nanotechnology Index, had a quiet start this weak, with the typical low market volume.

The Market should be back to normal next week, but at least we are not seeing any major sell-offs and today we got into new highs on the S&P500.

The next target for the $NNZ should the 215 points highs from the last 4 weeks. It would be nice for the market to react but make a higher close and use it as a support level.

This Black Friday, the day after Thanksgiving, should finish a typically quiet week, ending into the most important retail sales season next Monday. The Nanotechnology sector should rise like the other sectors, pushed by the whole market momentum.



Anonymous online photo books said...

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8:48 AM  
Anonymous Tyler said...

What is exactly Nanotech Index? What is it used for?I have a business in trading, is Nanotech Index useful for me? I need more information about this Nanotech index.

10:05 PM  

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