Wednesday, November 28, 2007

Another big up day

Sorry for the delay, computer problems. Maybe they're resolved. Meanwhile the stock market is up 2%, that's big like the Asian markets move in a day. Advance/decline is about 6X, wow. They are betting on a rate cut which is assumed will solve all problems. I don't think so. Home sales fell for the eighth straight month, Wells Fargo projects an 1.4B loss, etc. This has been highly volatile this week. Let's see how it plays out.

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