Saturday, October 15, 2011 8:16:57 AM
There is too much uncertainty going into the weekend. The fact that banks barely participated in the rally has me concerned. Large outflows in BAC, with retracement under 6.20-6.22 support is cause for concern. If the G20 meeting spurs some good news, I will be buying back in at a higher price on Monday.
Dow has rallied huge, and in my opinion, the S&P rally has been pathetic in comparison.
I will be refreshing the Bloomberg news page Monday morning so I can get an idea of the direction of the market.
Canestsal
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