Wednesday, October 29, 2008

ANOTHER 300 POINT PLUNGE AT 3:30PM....?

IT WOULD SEEM LOGICAL...

THE MEGA-SHORT RALLY YESTERDAY...COUPLED WITH THE USUAL "SELL THE NEWS" DROP AFTER RECENT FED MEETINGS...

FURTHER THE NOTION OF 1% FED FUNDS IS STARTING TO GET A "RUNNING OUT OF BULLETS" ARGUMENT GOING...

WHAT NEXT...?

THAT WILL BE THE QUESTION OF THE DAY AFTER 2PM...

AND THE ANSWER IS: FAITH AND PRAYER!

PERHAPS GOOD FOR MCCAIN AND PALIN...BUT NOT REALLY A TACTIC FOR DAY TRADERS...