http://www.rhinostocks.com/2010/01/update-the-implications-of-fridays-slide-in-stocks/ Wed, 07 Sep 2011 19:28:25 +0000 http://wordpress.org/?v=2.9.1 hourly 1 http://www.rhinostocks.com/2010/01/update-the-implications-of-fridays-slide-in-stocks/comment-page-1/#comment-140 The Market’s Malaise, BDX Announces Earnings, and Toyota’s Trouble | The Rhino Stock Report Fri, 29 Jan 2010 19:11:28 +0000 http://www.rhinostocks.com/?p=601#comment-140 [...] What a week for stocks. Last Friday morning, I wrote to you about why I believed that the market wouldn’t break down — but to watch out if the S&P 500 slid below 1114. Sure enough, the S&P traded right around that 1114 support level for most of the day… until a slide under the 1114 level prompted a huge sell-off down to the next-lower support level. Ouch. If you missed it, I wrote an update on Saturday on the Rhino Stock Report blog, addressing the implications of the market meltdown (click here to read it). [...] [...] What a week for stocks. Last Friday morning, I wrote to you about why I believed that the market wouldn’t break down — but to watch out if the S&P 500 slid below 1114. Sure enough, the S&P traded right around that 1114 support level for most of the day… until a slide under the 1114 level prompted a huge sell-off down to the next-lower support level. Ouch. If you missed it, I wrote an update on Saturday on the Rhino Stock Report blog, addressing the implications of the market meltdown (click here to read it). [...]

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