Hello my Investors, Traders and Readers friends. Yesterday, I finished my review of the market saying, "However, there are still many dark clouds that may complicate the market's advance. Once of the most important is referred to the work data. The information that is disseminated today and tomorrow, will be vital to the stock market position."
Unfortunately, unemployment data was negative and the market returned to take the road south. Not even Warren Buffett's announcement about the purchase of 5 billion of Dollars in stock from Bank of America, might help. Obviously in a market in this situation, is very difficult to take positions for more than a few days.
From my point of view, the market should rise even more before starting a major fall. For now, the market should try to exceed the peak reached in August. However, the news continue to influence the market irrationally nervous. We'll see what the FED says today. And that mood takes Wall Street.
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