UGLY IS UGLY
The ugliness continues as the markets are trading near their lows again after a very brief try at a rally. SPX -27, NAZ -42 and DJIA - well who cares.
Strong sectors- metals, semis, telecom and drugs while banks, energy and trannies lag.
NYSE/NAZ 4,300 net losers.
Very ugly day and the folks on CNBC excited about strong sales at WMT and DLTR- yes folks buying at cheapest places possible - if a swap meet had the proper inventory WMT would also have ugly numbers.
Don't see much of a rally any time today as those internals are just ugly.
posted by DAVID at
12:59 PM
2 Comments:
we have reruns of Two and Half Men here at 7 and 7:30. I watch them in the kitchen while preparing dinner and sipping a cocktail. My wife is in the den and comes out to see whats what. She and hates it when I howl. "How can they say that on TV?, she asks. Then she tisks tisks back to the den as I double up in laughter.
Y- best writing on TV - well i dont really watch tv except for this and a few others
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