Stocks are spinning their wheels today as traders are pushing the latets losers higher and the latest gainers lower. The averages are still holding on to earlier gains, but the rally is fading slowly. Not sure what to expect in the next few hours.
Dow +30
Nas +25
S&P +6 to 1129
Banks are still weak...I doubt stocks are going anywhere unless the banking sector improves.
Wednesday, October 5, 2011
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