November 12, 2008

Retest

The retest is coming. For the S&P it's about 840 and for the Dow 8175 was the low close in October but 7882 was the intraday low of 10/10. The government is appearing more and more like the boy with his fingers in the dike or maybe playing whack-a-mole, choose your metaphor for lack of a coherent plan.

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