Selling to Resume for Now

On Friday we saw a little bounce that could continue up to the 1100 level on the S&P but the downside objectives still beckon.  In a longer term macro sense some buying opportunities will shape up at those levels if Washington can really get its act together.

See Tom Friedmans article from yesterday’s NYTimes for more macro insight.

http://www.nytimes.com/2010/05/23/opinion/23friedman.html

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