Higher oil and a pervasive negativity ahead of the Feds is keeping a lid on any rally. Support is holding so far, but it is very tentative. The buzz is that the Feds went too far and even if they pause, it will not be enough to get things going again. Bears keep climbing and bulls keep dropping in the latest Investor Intelligence survey:
This entry was posted
on Monday, August 07, 2006 at 10:26 AM.
