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Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives -- Ignore unavailable to you. Want to Upgrade?

To: GROUND ZERO™ who wrote (39631)	10/31/2012 10:42:49 AM
From: Keith Feral	Read Replies (4) \| Respond to of 219036

Market now has 4 things to worry about - earnings, fiscal cliff, election, and weaker growth from Hurricane. Earnings is still the foremost concern right now. It probably gets worse before it gets better, then it's all about politics the next week. The market always has a tendancy to blow sunshine up everyone's ass when these hurricanes develop. Frankly, I think people were just excited today since the market was closed for 2 days. As we pull through earnings season over the next week or two, I think the November lows will set up a nice rally point through the end of the year.