Thursday, October 1, 2009

The ole days

Back at my old trading firm on days like today we would look for one thing, "the ole bitch slap on the close". That would be the last drop that raises some panicky behavior. I dont think the bulls can pull this one out.
Banks are getting beat upon as the CIT news spreads a dose of reality upon market players.
Tech ugly, REITS ugly. Its called reality.

JB

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