Tuesday, August 19, 2008

Ugly Market Update

Here's what I'm thinking:

 

There's another run at recent highs going into labor day.  If that produces bases, in quality stocks, then there is a chance this market can be saved.  Otherwise, watch out below in September, if they even can wait that long.  But markets have a tendency to be patient before rolling, and who wants to ruin Labor Day!!! 

 

 

 
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