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Thursday, October 2, 2008

Shorts Says Down Has Further Down To Go

The Dow sucks. It sucks more than a Dyson vacuum cleaner (Eureka!)

By looking at the stocks that established new 52-week highs, there's a lot of confidence that the economy will continue it's downward spiral.

The Dow was down almost 3.5% and that's AFTER the Senate approved the "bailout."

$700 Billion dollars and Wall St. still isn't excited. This tells me that even if it were $10 Trillion, it wouldn't make people feel like the worst is over.

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