Wednesday Outlook: Sucker's Rally

A sucker’s rally seems the conclusion thus far. Conditions are changing faster than Jim Cramer can “clarify” his “the bottom’s in” calls. Yesterday was only Tuesday and I think this will be a long and stressful week for bulls and bears.

From our view we’re still in a bear market despite all the rally cries and government work.

Tuesday reality set in as Lehman [Lemon?] (LEH) can’t find a buyer even on eBAY. Frankly, I don’t understand the rumored plan of dividing the company into two separate entities, the good and bad. Which one would you take? Which are the bad or good parts?

It appears as though we had heavy volume selling again while breadth may have yielded another 10/90 day.
















































































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