Ill-fitting Suits and Intraday Selling
The Dow shed one hundred points in the last hour and a half of trading. The Dow and S&P held onto some gains, but the Russell 2000 and the Nasdaq 100 actually closed the morning gap and ended the day in the red. The late day selling seemed to be led down by large cap tech, as GOOG AAPL RIMM BIDU all moved lower. Volume was a bit higher – back toward average levels at least, though most of that…
Wednesday, May 14, 2008
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