negatives:
credit crunch induces panic and redemptions... more selling
positives:
highly oversold conditions
record short interest
most traders already in cash
rate cut coming in September
lots of good value on sale
redemption from hedge fund window just closed
-- gap down today -- Dow was set to open -200, now -64 an hour later... the market ended with a gap up flurry.
Quite a few
No comments:
Post a Comment