October 31, 2008

Aimless Market

The market continues to be rather aimless. I continue to believe that we do not break out of this trading range until after the election. In the meantime, if you want to understand a short-squeeze, read here.

And for a real sign of the times, J.M Smucker will join the S&P 500 on November 5th. Peanut butter and jelly, the staple of the new economy.

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