Friday, January 30, 2009

01/30/09

Momutum carried downward pressure.  Staged a come back, hit resistence at half point, with a short burst of fake brake out.  Then the news come out, Bad Bank is on hold, all bets off, stock sold off aggressively, no hope ahead.  
The government will have a different solution, or push ahead with the same solution.  Stock might bounce but the trend suggest that it will be going lower.  
Talk on buying gold, stock breaking new lows, and shorting treasury has picked up.  

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