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Richard Russell - The Stock Market Is Crumbling PDF Print E-mail
Written by Steve Meyers   
Monday, 23 August 2010 10:25

The Russell opinion. It's the markets that are telling the real story, not the analysts or the government..Believe me if the stock market continues the way its been going (particularly if it crashes) it's going to scare the living hell out of America's consumers. If consumers freeze up, you're going to see all the deflation you want. So who to believe, the analysts and economist or the stock and bond markets? READ ARTICLE

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Ron Rebner |2010-08-23 10:41:24
The stock markets are acting very weak. We had a reversal (so far) in the NASDAQ and Russell 2K, on low volume. Even the tech buy out bidding news couldn't keep the market up. Stay prepared.
Mars  - Nasdaq leads decline |2010-08-23 11:19:31
Interesting that the COMP seems to be leading the decline....SP500 lagging by 3-4 days....and DJIA lagging by 7 days.

Currently, SP500 @ 1072.76
Are you watching it hit resistance at 1073?.....I suspect it won't get above, and then drop back to 1069 range.
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Last Updated on Monday, 23 August 2010 10:26
 

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