How much more bad news can this market take?
Oil @ 130 sucks a lot of cash out of the economy.
It won't be long before the impact is felt everyware and on everythig you buy.
Is he wearing cloths or not?
Momentum is fading for the bulls. We should get a pullback down to 1381-ish. If it backpedals below 1380, however, it could get quite messy as it's currently rangebound.
Joke aside, I believe the market will open lower tomorrow and start another round of downward spiral. S&P did make a daring leap today off its SMA(50) but that's a bull trap IMHO.
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