ZLBT Chats

Friday, October 15, 2010

WALL STREET >>> Financial Woes Keep Rampant Bulls In Check

Foreclosure Fears End Bulls' Winning Streak
Bank stocks sell off on foreclosure fears
Wells Fargo, Bank of America, Citi shares hurt by widening scandal
ANALYST QUOTE : "As long as the financial sector lags, it will be tough for the overall market to really get going -- although I do think it eventually breaks out."
The S&P 500 Index dipped 4.29 points, or 0.36 percent, to end at 1,173.81. The Dow Jones Industrial Average lost 1.51 points, or 0.01 percent, to close at 11,094.57. The Nasdaq Composite dropped 0.24 percent.
What Bank Fears?
The Dow recovered nealy all of it's losses, didn't it?
HAPPY TRADING

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