The markets broke down through their intraday trendlines to confirm a bias towards weakness. They are short term oversold however so a small bounce tomarrow is possible before they resume their downward path...
On a different note, here is an article worth reading:
http://www.financialsense.com/fsu/editorials/willie/2008/0327.html
Jim Willie is a frequent guest author on financialsense.com and has here outlined the smoke and mirrors job that is being pulled on us in the U.S...Great read if you really want to know what's going on, past the spin of the corporate media...
1 comment:
Mark
Great article.
old john
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