Saturday, October 11, 2008

Market Summary

As can be seen on table below, the year to date (YTD) column is completely red with no category in positive territory. The S&P500 is down nearly 40% which means it needs to go up 80% just to break even for the year. We are extremely oversold and due for a bounce sometime soon. When it comes it could be fast and hard. We will just have to wait and see. Click on table to enlarge.

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