The third trading day of the week brought the third day of losses to the major indices. From a technical standpoint it appears as though the markets will test the October lows. The 64K question is whether or not support will hold. If the support fails, we may get that capitulation day that everyone was
Hedgies Living Large
You knew this would happen. It’s as if the hedgies truly can’t lose. Even with the diminished compensation they’ll still be able to live large. Read ’em and weep. [Click here for report]