Monday, October 3, 2011

Stocks rally after ISM Manufacturing number release...

Stocks have turned positive following a better than expected ISM Manufacturing number, released at 10 am.

Dow +48
Nas +12
S&P +5

Wow...the trading is really getting wild.  Huge swings in minutes...

I do think the market is way overdone to the downside, but right now we are being held hostage by the goings on in Europe and Asia.

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