Monday, November 26, 2007

crisis in confidence

The stock market is a market of extremes, we go from very over bought to very over sold, but when it comes to financials and a crisis in confidence in the banking system the extremes are even more extreme . Look for 12600 to 12500 for the DOWJONES on the down side .

on the positive ;

Retails sales rose 8% on Black Friday hardly bleak I would suggest.

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