Wednesday, April 23, 2008

today's market

it was encouraging today to see the pullback in recent hot stocks and outperformance by technology and small-cap chinese stocks.

the scramble for the exits mid-day in the financials as well as the continuing lack of volume suggests that investors still lack confidence. we’ll see how the market handles more earnings news, but a good portion of this market continues to struggle for some traction to the upside.

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