Sources tell me the Goldman Sachs CEO was seen in Europe over the weekend, helping to craft the bailout plan.
Also, with the futures indicating a weak open, one sector I will be watching closely will be the transportation stocks. Yup, that’s right, I want you to go Eddie Murphy-style and be a trannie lover. They are traditionally leading indicators, and despite hanging relatively tough so far, if they roll over you should reconsider your strategy if you are currently heavily long.
Specifically, I will be honing in on $UNP and $FDX.
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