IAI (Dow Jones US Broker Dealer Index) which is the rare sector apart from technology (SMH&QQQQ) that has bottomed in November 2008 ! The rally is starting to get old. I will be watching carefully IAI at these levels. A break above the .382 retracement at $30.8 would open the door to some further upside. A break below S2 should encourage you in going all short ! I strongly believe that ,no matter what, S1 will be tested again in the long run... probably in 2010 !!
