Friday left the market with a seriously red day and didnt let the bulls close the week green. Heavy volume is normal for options expiration day, but Friday left huge volume which accelerated with each support break on the way down. Very expanded ranges will leave us a little weary into Monday. CAT, MMM, HON all set a negative tone on Friday along with some comments about recession times ahead and then of course weve gone WAY up and in need of a pullback helped things along on Friday. Pakistan also ignited some fear, which I mentioned on Thursday to be wat[...]
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[Source: The Money Blogs]
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