Liberalism: Do You Agree We've Had Enough of It? Message Board

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Politics : Liberalism: Do You Agree We've Had Enough of It?

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To: TideGlider who wrote (90519)	9/7/2010 11:33:18 PM
From: Hope Praytochange	1 Recommendation Read Replies (1) of 224718

Stocks staged gains in the first few sessions of September, but investors returned from Labor Day ready to sell. Their efforts were focused on financials and other cyclical plays. Volume was disappointingly lighter than expected and the selling was a result of worries coming from European banks, similar to what we saw back in May. Despite the selling pressure, the SPX stuck in the10-point range we predicted this morning. A break below 1090 on the SPX could lead to a sharp sell-off, but we may not get that this week as volume is expected to fade due to Jewish Holidays. The range was too tight and and didn't confirm a move in either direction today to enter any new positions.

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