Tuesday, August 02, 2011

Stock Market Breaking Down

Today's reason du jour for the market crash is "uncertainty.". The political Kabuki theater surrounding the debt ceiling increase is over, but we are left with an overspending government and a sluggish economy.

While the news channels are more concerned about which political party bested the other, consumers are sitting on their wallets!

Looks like the market is breaking below the trading range with 30 minutes to go. Stay tuned!!

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