Yesterday the Bulls made a move and the Bears retreated. This may be the big test of the lows everybody was waiting for.
Cobra's Market View calls it a Key Reversal Day.
Afraid To Trade takes A Look Inside that Action using 1 and 5 minute charts.
Toro's Running of the Bulls makes a convincing comparision in 1974 & 1987 Redux.
EconomPic points out that despite the mega rally, LIBOR moved higher.
Macroman adds his Two Observations. Caution is warranted.
Mish is expecting a multi-week rally in Crash Count Updated despite exploring the Strange Case of Falling International Reserves.
Naked Capitalism expects More CDO Defaults.
Market Ticker is asking Where's The Change? as Obama embarks on more of the same...
New N Econmics says the FDIC Reported 19 Bank Failures, But Its Really 16.
Friday, November 14, 2008
Posted by Ben Bittrolff at 8:31 AM