STRIKE THREE?
When I wrote this post less than a week ago, the cheerleaders on CNBC were touting the fact the the Nasdaq Composite was still 200 points above its 200-day moving average as proof that “all will be well in the garden.” Here’s yesterday’s closing chart.
Not looking so hot, is it?
2 Responses to “STRIKE THREE?”
 Comment by Not June Cleaver November 13th, 2007 at 10:20 am |
Aaaaack, that is not how I wanted to start my day. 🙁 |
 Comment by Doc November 13th, 2007 at 11:02 am |
But I hear Walmart’s last quarter earnings exceeded analysts predictions. So the world will still keep spinning… |