Dear Trader,
TSG Stock Market Letter
Week Ending October 24, 2008
Topics Discussed This Week
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October 24, 2008
Topics Discussed This Week:
* Dead cat MIA?
* Leaders reverse
* Q3 earnings take another hit
* Reliable economic indicator hits another low
* Existing homes sales jump, but what happened to prices? … Dear Trader,
TSG Stock Market Letter
Week Ending October 24, 2008
Topics Discussed This Week
————————–
October 24, 2008
Topics Discussed This Week:
* Dead cat MIA?
* Leaders reverse
* Q3 earnings take another hit
* Reliable economic indicator hits another low
* Existing homes sales jump, but what happened to prices?
* Waiting for the bounce – another bullish indicator
It was another week of see-saws for stocks with the Dow Jones
Industrial Average faring best with a drop of ‘just’ 5.4%. High
tech stocks dropped more than 9% and emerging markets tracked by
the MSCI Emerging Market ETF (EEM) fell 19%. If that isn’t a bad
week, I don’t know what is.
But the big question remains – where is the rally? So far,
stocks have been unable to mount even a dead-cat bounce. And
here is another indicator flashing a buy signal…
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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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SPECIAL REPORT
The Mother of All Bubbles that Ate Wall Street
http://tradesystemguru.com/content/blogcategory/47/81/
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