The markets didn't have a chance today. Looking at most website (Yahoo! Finance, Bloomberg etc.) all I see is bad news like Macy's cutting 2,300 jobs, the Fed worried about inflation and may not cut rates next time etc. Recession is definitely here, hence be ready for more SAR (sell all rallies) opportunities than BAD (buy all dips)! Oil stocks too are not immune.
Wednesday, February 6, 2008
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2 comments:
wow CSCO went from 23 to 22 in a matter of seconds after the earnings were released but it quickly rebounded back to around 23 where it closed the regular session.
they seem to be held captive to what chambers has to say about guidance. if that guidance is bad, it could get ugly.
this blog has died RIP
off my book mark on IE
too bad it use to be good
toothless loser jake
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