Stock Market Analysis

Monday, October 22, 2007

Rebounding Off 13400...

Well, nothing fundamental about the move in the Dow today. The Dow did exactly what I predicted it to do last week by moving down to the 13400 (ok, 13407.49 to be exact) before rebounding back up. This rebound looks extremely healthy, conforming to all th typical behavior of the Dow. If we see a follow up today, I should speculate a healthy and steady rebound.

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