3/3/09
Again, Dow index is pulling down S&P which closed below 700 finally. The only major index Nasdaq is getting closer to break last Novermber low soon. Technically, the formation for S&P and Dow can be part of Bullish morning star or Bullish Piercing reversal pattern IF tomorrow is a up strong day. Still, like I said yesterday,market is in deep oversold, it could rebound anytime. However, I still do not see any painc selling.
Dow Jones Industrial Index has performed the worst start todate since 1900. Wow!! What would happen for the rest of the year?!!
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