TSG – Treading water in a low-volume well…

Dear Trader,

TSG Stock Market Letter
Week Ending August 22, 2008
Topics Discussed This Week:

* Stocks still treading water in low-volume well…
* While leaders outperform
* But earnings still falling
* New home sales, starts remain soft
* Perfecting the insidious art of mass deception

It was another week of low volumes but stocks, like a
wave-tossed … Dear Trader,

TSG Stock Market Letter
Week Ending August 22, 2008
Topics Discussed This Week:

* Stocks still treading water in low-volume well…
* While leaders outperform
* But earnings still falling
* New home sales, starts remain soft
* Perfecting the insidious art of mass deception

It was another week of low volumes but stocks, like a
wave-tossed ship heading into the teeth of a storm,
experienced violent swings but when it was over had gone
nowhere. The difference between this week and last is that
while results were mixed a week ago, all indexes fell this
time. But what is most interesting when looking at the big
picture and considering the challenges, how well the major
indexes have held up so far in the eye of the housing and
credit and storm.

Is it the election lift affect? Or could it be that investors
are playing the game with their eyes wide shut to the real
risks? Certainly the VIX supports the latter contention but
what is the market telling us?

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To read this week’s STOCK LETTER, please go to
http://tradesystemguru.com/content/blogcategory/34/68/
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