Thursday, March 15, 2007

Bankers and Brokers

They have tried to test the downside today, but with the bankers and brokers holding firm, these attempts have failed. Keep and eye on GS, BSC, MER and BKX. If these dont fold in the last hour of trading, we should close higher. If they fold, all bets are off.

Why are these so important. Largest component of the S&P and the ones who led the way down due to that nasty word-subprime.

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