Friday, August 22, 2008

MKT UPDATE

http://finance.yahoo.com/marketupdate/overview?u MKT back near its highs but I am showing UP volume has come down considerably telling me the mkt has gotten even more selective...as it again tries to break out....and its news driven.

WHen the BUYERS break out......we are waiting.....we have been told FNM and FRE will be BACKSTOPPED not allowed to be taken DOWN......LEH buyout? rumor? the carnage I dont think its over...

D

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