Friday, August 15, 2008

Market Update

Voltron says: The market has been very volatile the last two weeks with no clear trend. I think it's indicative of an inflection point and a breakout is coming.

Here is an article that explains the current market psychology and why you should not give up on foreign stocks and gold: http://www.europac.net/externalframeset.asp?from=home&id=13709

Here's a great article on Wells Fargo and why it's still a great shorting opportunity: http://mrmortgage.ml-implode.com/2008/08/14/wsj-wells-fargo-cheated-on-earnings-again/

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