1/25 market watch

Naz hounds around 2020 most of the day and closed at 2019.95, amazing.

this might be a short term bottom. and we need see the late development. Current place is extremely important IMO. down another 30 points will make it confirmed downtrend. while rebound up will mark it as correction. The chance is a sliny favor to down side.

GOOG down to as much as 176 today and EBAY breaks down 80 for short period. They acted just I predicted on MITBBS: long ATVI, AAPL, NVDA, short EBAY, GOOG, NTES. in which only NTES goes to the opposite of my prediction.

After hour, most companies reported good earning. ERTS up, which in symphany ATVI up 30c. GOOG up $2, EBAY also up, the reason maybe people expecting market up tomorrow and these two will up more from oversold condition.

After hour, NQ is right at 1500.

Stocks to watch:
1. MACR, it holds abpve 30 after gap up several days ago. need to see if the gap will be filled or a run away gap.
2. GOOG, it might form a reversal at 180 area.
3. EBAY, it might hit short term bottom. But it has more down side room, because I believe some institutions started to dump EBAY with its limited growth.
4. FFIV, watch if it can break up resistence at 50 or head down to fill the gap.