Today I am watching the 1100 level on the S&P as the critical support level.
Should it fail, then we are in free fall territory and Wall Street will look to the Bernanke to save them.
I suspect we will see 1100 hold despite the high fear level and perhaps see a nice bounce next week.
Should it fail, then we are in free fall territory and Wall Street will look to the Bernanke to save them.
I suspect we will see 1100 hold despite the high fear level and perhaps see a nice bounce next week.
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