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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