What a day yesterday! The brokers got killed and now this morning news of Lehman Brothers may need to raise $4billion is another dagger in the heart of the brokers. I think today if we open down and test the lows of yesterday we will more likely get a bounce.
For all those non believers in the bear market, I hope yesterday and last week action provess that we are just rallying in a bear market. Today I would look for the tech to bounce if we bounce, noticeably AAPL and GOOG.
I have an option play I might call as a Trade Call today so stay tuned
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- Bring real information to the average person about the Financial markets. I am a technical trader that uses alot of technical tools such as Fibonacci, Bollinger Bands, MACD, TRINS, VIX to read the markets
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