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Politics : The Obama - Clinton Disaster -- Ignore unavailable to you. Want to Upgrade?


To: DuckTapeSunroof who wrote (25027)1/20/2010 2:10:52 PM
From: tonto  Read Replies (1) | Respond to of 103300
 
Worries that China will curb bank lending, along with a sharp drop in IBM (IBM) shares, pressured stocks today, sending all three indexes tumbling.



At 1:35 p.m. ET, the Dow Jones Industrial Average ($INDU) was down 191 points, or 1.8%, to 10,534. The Nasdaq Composite Index ($COMPX) had lost 44 points, or 1.9%, to 2,276, and the Standard & Poor's 500 Index ($INX) was down 19 points, or 1.6%, to 1,131.

(From MSN)



To: DuckTapeSunroof who wrote (25027)1/20/2010 4:46:25 PM
From: GROUND ZERO™  Read Replies (1) | Respond to of 103300
 
It looks like nothing more than a normal pull back in a near term over bought market... the overall trend is still higher, I'm looking for yet another 100 to 200 SP points before summer and any serious top...

GZ