Wall Street Breakfast: Must-Know News [View article]
Regarding Frank F's note "It's amazing how almost homogeneously bad the news is. Not sure what to make of that:"... Today' San Francisco Chronicle reported that the Bull/Bear Company index in California has reached a level lower than the lowest level of the tech bubble... Normally you'd use these types of indicators as a bottom ... Gee, I don't know though .... I just think this is a different issue. The lack of available credit just seems to cut across **all** sectors, whereas the tech bubble was really just related to an oversold condition in one sector.
Wall Street Breakfast: Must-Know News [View article]
Thx jegan ;-)