yup--doesn't look so good right now for the markets--in general, that is...I agree with you about 'money on the sidelines', August is typically a hold cash month, aolmost over BUT......Monday morning might just reflect those who set up their stops and limits, IMO....probably before they left the office on Friday---over the weekend, however, there was lots and lots of news---the Home Depot bid declined by $2 billion dollars ---a huge decline when compared to the buyouts up to now. I read 20+ million people will lose their homes by foreclosure, the weather has not been nice to people who are flooded (you guys over there in Chicago) and tornad0-d out...we had STILL 12,000 people, as of last night in Kalamazoo, WITHOUT electricity, from last weeks sudden storm, Gonazales has resigned---(before he was impeached), Russia is doing "fly-overs" to various countries of late, babies are dying at birth , in the USA, at an abnormally high rate (lack of medical insurance) and the mothers as well---lots of news---the SEC people are resigning all over the place, the hedge funds are in big doo doo, the banks are having to be bailed out....IMO--there is a BIG SHIFT in process..I read last week somewhere (had lots of time to read and watch the news), that the DOW stocks were not in a good position for increase, but tht the smaller caps were---and that perhaps will be good for TKO in the long run, if they get their act together with the new leaderships. FUNNY, but I ALSO read that BB stocks were going to be hot for a while! hahahhaha Now THAT was news, too....hahhahha
AI
