Duane,
Gee, the Fed did not meet Angell's expectations. <kof>
I can imagine that if the economy truly needs it (the economy, not the traders) we will see another rate cut at the regular meeting just 20 days from now.
Meanwhile, paper stocks seem to be working on forming a bottom. GLT looks good to me. I read somewhere today that Congress might be be kicking some tree huggers out on their buttskis come Monday. Should be great for all natural resource concerns, especially those eyeing Alaska.
bigcharts.com
bigcharts.com
Gee, I've become such a basic needs girl lately......gold, copper, wood, glass, medical stuff, oil drillers.................it's a brave new world.
Hope I know what I'm doing!
E |