Stock Market Analysis – 06-30-2008
June 30, 2008 at 8:28 pm · Filed Under Broader Market
Sometimes you hit the bottom of a channel and the market just flattens out, rather than actually bouncing off. There may still be a strong bounce in the near future, but this bottoming is different than the previous times this year, which only briefly flirted intraday with this lower region before experiencing strong support. More weakness and I’m liable to start believing we’ll actually break through this time.
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