$$ - The selling continued today. (Imagine if $AAPL had been down!)
The reason du jour was earnings from $AA and reduced guidance from $CVX. Although it seems that with the IMF warning about slowing global growth and European financial woes, there is plenty on the wall of worry.
Note: The market is basically at support and oversold. Check out the RSI(2).
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Dow Posts Largest Percentage Drop Since July
DAILYFINANCE.COM | OCTOBER 10, 2012
http://pulse.me/s/e8Nvh
Filed under: Alcoa, Chevron, Market News _By Rodrigo Campos_ NEW YORK, Oct 10 (Reuters) - The S&P 500 fell for a fourth day on Wednesday, weighed d... Read more
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Sent via Pulse
Dow Posts Largest Percentage Drop Since July
DAILYFINANCE.COM | OCTOBER 10, 2012
http://pulse.me/s/e8Nvh
Filed under: Alcoa, Chevron, Market News _By Rodrigo Campos_ NEW YORK, Oct 10 (Reuters) - The S&P 500 fell for a fourth day on Wednesday, weighed d... Read more
--
Sent via Pulse
