Saturday, October 20, 2007 12:26:34 AM
Markets closed at supports but selling off SPX 40 points in one day for large short speculators with good tech earning reports is not encouraging as financials are continuing to pulling back.
Markets are directed by different interest groups at this point as focusing on Tech or Financials.
While Financials lead markets in early stage of bull market which we have seen during 2003, markets can focus on news however commercials want to profit from either side - longs or shorts.
Markets are directed by different interest groups at this point as focusing on Tech or Financials.
While Financials lead markets in early stage of bull market which we have seen during 2003, markets can focus on news however commercials want to profit from either side - longs or shorts.
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