Dow hit obscure trend line last night - the one of the first of the 2 tops in 13130 zone......
Naz 100 at bolly bands.......
Even if we get blockbuster day (another one ?) we will still meet our old friend 12800ish....
---------------------------------------------------------------------------------------------------------------------
Wal Mart gaps to new multi year highs on wide range upday.
But did not break $60 ( a bit strange ...came up short by 10c)
---------------------------------------------------------------------------------------------------------------------
Bank of America hits new 52L
We had a nice big up day but has the credit crunch gone away ? I've missed my vocation ?
"
the downward adjustment in equity markets remains quite modest in the context of the problems that lie ahead"
Don't fall in love with the upside ........