Last week I had a nice chat with Larry Kofsky at MarketWatch about positive signs in the market:

"The market could be poised to move higher soon, says Scott O'Neil, president of MarketSmith. O'Neil tells MarketWatch Radio's Larry Kofsky "we kept trying to get through 1,400" on the S&P "and on the Nasdaq, 3,000 being a ceiling and now both of those levels kind of feel like a floor."

 

For those that may have missed it, you can listen the entire interview here: http://www.marketwatch.com/story/oneil-sp-nasdaq-ceilings-could-be-floors-2012-08-17 

 

 

Best Returns,

Scott O'Neil

President, MarketSmith Incorporated

Follow Scott O'Neil at Twitter.com/WScottOneil