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RealMoney.com: Market Commentary
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This Week on RealMoney

By George Moriarty
Managing Editor -- RealMoney

1/22/2006 9:09 AM EST
Click here for more stories by George Moriarty
 

Well, nobody saw that coming did they?



There were many explanations proffered for Friday's steep 213-point decline, which produced a double black diamond chart, but this was a selloff few anticipated and from my perspective that drove the selling as much as any other factor.

Prior to Friday, bulls were pleased with the resilience the market showed after weak guidance from this week's big names, and even some bears were commenting that the market seemed intent on heading higher. But then came Friday and that resilience faded fast. I'm neither qualified nor inclined to make any projections as to the market's next move, but I will look forward to this weekend's market commentary as it should provide a lot of ideas.

Now then, to the best of RealMoney this remarkably active week.

Tuesday

Warren Buffett's buy of BusinessWire got some tongues wagging early in Columnist Conversation.

Dan Fitzpatrick was struck by the levity of gold charts: The Unbearable Lightness of Gold.

Jim Cramer anticipated that PCs would be trouble for Intel: Get Positioned for Post-Intel Trade.

Alan Farley weighed in on low-priced stocks: The 9 Strongest Single-Digit Stocks.

Richard Suttmeier noted that tech stocks needed strong earnings: The Bar Is High for Tech Earnings

. And the first night of tech earnings spiced things up later in the day.

Wednesday

Jim Cramer, Don't Overlook the Research 'Orphans' and Rev Shark, In Praise of Small-Caps , shared a mind on small caps.

Marc Chandler noted new avenues to forex investing: Two New Ways to Play Currencies.

It was the day after Intel and the day of Livedoor, and CC was alive and kicking.

Oh, and Barry Ritholtz offered the third part of his Cult of the Bear series, which met with the usual (ahem) muted reaction.

Then came Apple and eBay earnings, among others.

Thursday

Frank Curzio noted that Google's Momentum Could Wane, and people had some opinions.

James Altucher's Activist Track cast a forward glance: Six Stocks Activists May Rock in 2006.

Alan Farley offered advice on handling rough markets (hope people listened for Friday): Have a Drill for Market Disasters.

Tero Kuittinen returned, and offered his take on Ericcson: Ericsson's Leviathan in for Rough Seas.

Friday

Tero came right back with an analysis of Motorola's report: Motorola's 'Cylinder' Story Slows. Chris Edmonds said Schlumberger could be the tip of the iceberg: Gusher May Be Ahead in Oil Service. The estimable Rev noted the strength in his preferred sector: Small Names Lead the Way as Big Dogs Stumble.

We welcomed Michael Brush to RealMoney, and he noted an accounting danger to Yahoo! and others' cash flows: Options Expensing Will Pinch Cash Flow.

And we had another great day in Columnist Conversation, with special kudos to Richard Suttmeier's 8:30 post, My Model Suggests Cautious Outlook for Equities, and don't miss the rest of the day's discussion.

Whew, quite a week. And now that we have a new look and blogs, don't hesitate to let me know how we're doing.






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