Wednesday, April 20, 2005


The Dow closed down 115 points, but the market seemed to really fall in the afternoon, just stopping at Dow 10000 and then bouncing up 12 points above that mark by the closing bell. You'll notice that today's price bar is another sideways one although the close was 115 points lower than yesterday. I expect more of a decline tomorrow, but if it doesn't come, this could be a temporary bottom as the market is very oversold. Let's see what happens on Thursday.

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