Wednesday closed the day green across the broader markets on heavier volume, leaving an accumulation day. This was the first day this week we had all the broader markets on the same page with direction and volume. The day was holding its own until a rally sparked by Bear Stearns news that Buffet may take a large stake in the brokerage. Gold fell $3.30 to $735.50 an ounce and crude rallied up 96 cents to $80.49 a barrel. Thursday we have the Nas Composite, S&P 500 and Dow just under the 2007 highs to watch for as the bulls find their legs. Eco[...]
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[Source: The Money Blogs]
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