Friday, October 20, 2006

Some Selling

Finally we have a selloff. It is about time. Earnings haven't been that great in my opinion, with the exception of google. Cat blowing up today really seemed to suck the life out of the market before the open. Lets hope for a nice slow selloff that lasts the day. This could set us up for a decent week next week, though the fed will be meeting and I am hearing that the fed could surprise and be raising rates even higher, before they finally start cutting.

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