David Moenning's Daily State of the Markets: 04/28

Courtesy StreetInsider.com News Articles  Mon, 04/28/2008 - 09:24

Mixed Messages

http://PlayAudioMessage.com/play.asp?m=500229&f=LGVEID&ps=13&c=FFFFFF&pm...

 ">Here’s a link to listen to an Audio Version of the report

With the major indices still sitting right at the top of the trading range and yet, so far at least, unable to break out, traders really are forced to pick a side when putting new money to work right now.

On the one hand, stocks are overbought and bumping into what appears to be fairly significant resistance.

But, on the other...

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