Stock Market Analysis – 11-18-2008
November 18, 2008 at 11:31 pm · Filed Under Broader Market
Today was opposite day with the market trading up early on, diving in the afternoon, but then rallying in the last hour to end on a positive note. That support line seems to be holding steady for now, but I still wouldn’t recommend making too many bullish trades off of it. We’re bound to fall through at some point, and it could be a really steep drop if the base continues to strengthen.
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