Stock Market Analysis – 07-16-2008
July 16, 2008 at 8:53 pm · Filed Under Broader Market
The bounce came today just as were starting to think the drop would never end. Wells Fargo turned in a quarter that was above expectations to turn the financial sector around. While good, there wasn’t as much volume support as you would like to see in a true turn around. Hopefully this bounce will extend a little further so that we can have a low risk entry point to short aggressively again.
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