Market Analysis for Apr 26th, 2005

For today's Mid-Day Minute, Mike writes: After breaking out to the upside- above its near- term resistance line at 35.48- and continuing to an intraday high at 35.66, the Qs have given back most of their gains.. but remain in relatively healthy technical condition overall. As long as this AM's low at 35.15 remains a viable micro low, my work will remain positive-- and projecting to a new recovery high in the vicinity of 35.80-36.00. We are staying long with stops just below 35.15. MJP 04/26/05 12:40 PM ET 35.42

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