Equity Markets: Technical Update (11-21-08)
Read the full article: http://weeklyta.blogspot.com/2008/11/todays-action_22.html#l...
One must ask themselves if this rally truly has substance, or if it is another news item rally. The short-term significance of today is the fact that the candle neutralized yesterday's loss. However, there is still a lot of ground for the bulls to recapture. This requires sustained positive catalysts and I don't see too many of them. What do we look out for over the weekend?...
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