Thursday, August 11, 2011

Panic Seizes the Markets – What Now?

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tdp2664 InvestorPlace The expression "This is a very technical market" was heard again yesterday. And I would agree in the sense that even though technical barriers are falling due to fear and subsequent panic, they are providing us with valuable trigger points that when violated tell us that prices are headed lower. Yesterday, rumors of rating cuts for the debt ofFranceshifted the focus back toEurope. But they also sentU.S.financial stocks lower.



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