Now the lower boundery (dashed line) and the 200 DMA are potential support and targets.
Possible rebound for a few days after this 300 pt loss.
D
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Contrarian market commentary and economic postings.
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2012
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November
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- WHAT IS BEING PEDDLED AS RECOVERY
- FUTURE GROWTH PROSPECTS
- DISTORTIONS TO A SOUND ECONOMY
- RECENT SPX ACTION
- ELEVATED CLAIMS
- HOUSING RECOVERY? NOT COMPLEX
- SPX ACTION
- Excerpt from Doug Noland Essay "WHERE MONEY DIES"
- JUMP IN UNEMPLOYMENT CLAIMS
- VIXEN
- "FOOD STAMP NATION"
- WHAT GOES UP......
- Interesting chart from Zero Hedge
- SUGAR HIGH?
- MARKET SELL OFF
- POST ELECTION BLUES
- KISS OFF
- VICTORY WILL BE BITTER SWEET
- CYCLE FORECAST
- BLACK SWAN EVENTS
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November
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About Me
- Marc R
- Baltimore, Maryland, United States
- PROFILE FOR MY 1 SOURCE BLOG: We have over 30 years of experience and the best resources available to bring you unequaled value and customer service. We look forward to helping you with your next project with our "Creative Office Solutions" #2 PROFILE FOR MY MARKET "HOBBY" BLOG I have been writing about stocks and the market since the late 90's. My record of calling the last 2 , now maybe 3 bear markets stands. There is more to investing than just avoiding bear markets, but it sure doesn't hurt. I offer NO recommendation to buy or sell equities or trade any vehicle...I just offer my opinion for what it's worth. Consult with your financial advisor before taking any actions. this financial blog is for amusement only.
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