Monday, we made history across the markets. But this isnt the kind of history you want to be making. Failure to sign this bill disappointed an already weak market that sent us to levels we havent seen for years. BIG flush and our volume outpaced Fridays by a significant amount leaving huge distribution days for the NYSE and Nasdaq. Oil fell $11.06 to close at $93.83, which was overshadows by the markets alarming drop. Gold rallied $10.00 to $898.50 showing some flight to safety but not at hysterical levels. Nas Composite (COMPX) at May 2005 lev[...]
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[Source: The Money Blogs]
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