The bears got to the market at the close. Impressive. They keyed on the winners, the Apples
(AAPL)
and the MasterCards
(MA)
, and when you knock the generals down, you have a real shot at crushing the army.
All that said, I liked the action today, given that one of the real stalwarts in this market had been Deere
(DE)
-- which I like very much. And the retail action has defied me. I still think that post-Kohl's
(KSS)
tomorrow, we get a rollover.
Impressive knockdown. Leaving people with a bad taste.
Score one for the bears, even as I feel that the Fannie
(FNM)
-Freddie
(FRE)
victory overwhelms most of the last minutes of negativity.
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