TSG – Let the bounce begin…

Dear Trader,

TSG Stock Market Letter
Week Ending October 31, 2008

Topics Discussed This Week
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* Let the bounce begin
* Leaders move up
* Q3 earnings worsen again
* New home sales jump while as existing home prices slump
* Bailout bonanza – can we afford the cost?

Well it finally happened – the bounce we have been … Dear Trader,

TSG Stock Market Letter
Week Ending October 31, 2008

Topics Discussed This Week
————————–

* Let the bounce begin
* Leaders move up
* Q3 earnings worsen again
* New home sales jump while as existing home prices slump
* Bailout bonanza – can we afford the cost?

Well it finally happened – the bounce we have been waiting for
has come. But October will go down as one of the most painful
on record and the worst month for the S&P500 since October 1987
even though the index had two of its best days on record.

However, this bounce is also one for the record books. With
a jump of 10.5%, the SPX enjoyed its best week since 1974
according to Bloomberg. Even with this admirable performance,
indexes are reeling. As we see from table 2 above, the Dow is
down 20%, the Nasdaq nearly 36% and the MSCI Emerging Market
ETF (EEM) is off a whopping 83% in 2008.

But how long will this bounce last?

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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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