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Dow Jones Industrial Average: Evening Report

  • Today was another boring day on the street, nothing really exciting. Italy still hasn't collapsed (Rome isn't burning), Goldman Sachs is still Goldman Sachs and the money masters are still the masters of the universe.
  • Below is a chart of the US 10-year Treasury security, the longer that the market keeps going up and the 10-year keeps going up, the worse the stock market collapse will be.
  • Today's selling was part of a correction in an overall uptrend. That is subject to change as new information is discounted. 
 



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