MARKET COMMENTARY
 
Just as I had highlighted earlier, the market should rebound strongly when it bounced. This is because of an overstretched market. Basically, the market will bounce on any positive news, preferably major ones. The worldwide banking bailouts as well as the US direct fund injection to the US banks are really attractive news. This [...]

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MARKET COMMENTARY
The Dow dropped another 500 points! This makes it the lowest point in eight years. I had expected it to rebound, which actually occurred in mid-day, but it quickly turned sour. Without much prompting any news, the Dow crashed 500 points to close for the day. Certainly, anyone would wish to have caught the [...]

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MARKET COMMENTARY
Tuesday was not a typical trading day. The market whipsawed throughout the day in active trading. Volume surged to all time high and closed with a three-digit gain. The entire day of trading was heavily influenced by the Federal government’s AIG bailout as well as the interest rate change. I guess the market had [...]

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