Thursday, January 24, 2008

Bottom Found?

Great Morning! Wednesday’s stock market action finished a three-day wild ride, one for the record books. A mini-crash of world markets over the holiday weekend churned the collective tapes harder than anything witnessed since 2002. Session ranges from top to bottom have been greater than most entire calendar months’ span from 2004 thru 2006. To say things have been off the volatility bell curve would be stating the obvious. Two charts of the ES futures here give us an idea of what to expect ahead[...]

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[Source: The Money Blogs]

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