Looks like the Bad News Is
Good News mentality continues to rule the market
Unless the earnings estimates for most S&P companies were
not lowered enough to be easily beaten, it looks like we may have
seen the bottom. We should know very soon if that is/isn't
the case.
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BTW, I looked at the S&P chart and realized that from a
technical point of view the market had a successful test of the
August low. The Index got down to 1881 on Sept 28th.
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Author:
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LongTerm
CapGains
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Subject:
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Off Topic
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Sentiment:
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Neutral
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Date:
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10/05/15 at 4:52 PM CDT
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