12/27/07
With Dow closed down around 190 points below 13400 level, downside risk remain intact again. Christmas eve and boxing day santa clause rally are running out of gas, all us stock indexs retrace some of recent bounce from Nov. bottom. Today action is blamed by political concern of Pakistan and weak Durable goods ecomonic number. AAPL, BIDU and GOOG are still leading the market which reduce the selling pressure since AAPL has just made all time high today. Consider another light volume trading tomorrow and see if DOW could trade above 13400 level.
Thursday, December 27, 2007
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