Wednesday, November 08, 2006

Wednesday Pre-Market

My favorite pre-market indicator the FTSE 100 is trading deep in the red - I think that presages a down - down - down day in the U.S. markets. Now the moron bobbleheads on bubblevision are going to tell you that it is a reaction to the election - you say that's a bunch of B.S. because Marlyn said it was because there isn't much out there left to buy - everything is pretty much overbought and we need a correction.

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