The market started out high, as Buffett offered to help bond insurers. But, it slowly faded, until the techs lost their lead. The market is still hanging on, though. The Dow closed up +133.4 points: SPX added +9.73 points; and Nasdaq closed flat.
Here’s how the market looked at the close:
Commodities were weak […]
The market bounced today after opening lower. Two weeks ago, on 1/22/08, I said,
HappyTrading
Posted January 22, 2008 at 12:21 pm | Permalink (Edit)
market
I’m cautiously “more” optimistic. If this is indeed establishing the bottom, then, we haven’t seen the real bounce yet. The initial bounce will need to take SPX to 1375-1410 (the 2 resistance […]
Another volatile day, as investors surf the market waves cautiously. The question is: can the market come out of the crashing waves alive? The market opened lower on INTC’s disappointing earnings. The CPI came in benign. After the downdraft in the morning, the market bounced. It stayed in the green […]
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