an hour to go, and the dow is down 254. Everyone thought this was going to be a boring week.. pre-4th of july, 3rd quarter window dressing, waiting for the employment report on friday... then BAM! China growth slowed and the whole financial world shuddered. China (and its bubble) is what has been keeping the world afloat.
The big question is will the Bulls be able to hold the 1040 level on the SnP as they have all year. I have a feeling it will go if not today, soon. then we have the November 2nd low of 1029. It outta be interesting. :)
Mkt internals very bearish. TRIN at 411 ... waaaay up there!
Tuesday, June 29, 2010
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment