Monday, October 3, 2011

Stocks turn lower again....

We are now at the lows of the day, as there doesn't seem to be a reason to buy stocks here.  Traders are piling on the banks and we have Eastman Kodak and American Airlines both seem to be slipping into the possible bankruptcy category.

Dow -131
Nas -42
S&P -17 to 1111

The VIX is currently at 43.96

Gold and silver both rallying.

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