The bounce was slightly bigger than I thought but it’s still a bounce. The market does not seem to be able to have any bullishness left to go any higher today.
Today, we should be making news lows for the week. I’m expecting the markets to end badly in the last 2 days of the week. Weekly support at 1,080 for the S&P and 10,160 on the Dow.
Wednesday, February 24, 2010
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