Wednesday, January 9, 2008

When Will The Pattern Be Broken?

I hate to see the market down, but I also am tired of all of these strong opens that fade into the close. Yesterday’s late day selloff was very disheartening for the bulls. Maybe we can break the trend today, and have one day where the market closes higher.Goldman Sachs (GS) made comments this morning that they think the trend in jobs mean a recession is likely. This Goldman economist has been on the bandwagon for a little while, so these comments are not really new.More Fed-head speak, as St. Louis President Poole said U.S. fundamen[...]

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[Source: The Money Blogs]

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