Thursday, July 26, 2007

Market Update

There is nothing at all escaping the blood bath today. Even Apple is falling back and losing it's ability to hold onto the gains it obtained last night in after hours.

Some key support levels have been broken to the downside and this had increased the selling as investors were watching the key levels to hold. When they failed they put on their parachutes and jumped.

Tonight I'll do a sector analysis and post my results here.

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