Tuesday, August 26, 2008
Those Bears Are Back
Things were starting to look up at the end of last week....and then the Bears came back in force Monday. And its like that old saying.....markets walk slowly up stairs....and go down by jumping out of windows!
The Dow fell 241.81 points to close the session at 11,386.25. The SPX lost 25.36 points to end at 1,266.84. We are in the green and looking ok.
Not much else to report. Today' session will be led by new home sales and the Fed minutes from their last meeting and no doubt the bulls will want to be stemming the losses.
Until next time.
The Dow fell 241.81 points to close the session at 11,386.25. The SPX lost 25.36 points to end at 1,266.84. We are in the green and looking ok.
Not much else to report. Today' session will be led by new home sales and the Fed minutes from their last meeting and no doubt the bulls will want to be stemming the losses.
Until next time.
# posted by Paul @ 8:05 AM 
