Financial Markets

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US Markets: Week of October 27- 31, 2008

November 2nd, 2008 · No Comments · Markets

Although the market has made lower lows during the last two week, it appears that much fewer sellers are left these levels. Shorter-term technical analysts would argue that a tradeable bottom has been established and the Crash of 2008 is over.
In addition to the major decline in the financials(XLF), precipitated by the sub-prime real estate [...]

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