After a horrendous morning the markets bounced off the 1340 support level in the S&P and made up most of the losses throughout the day. Being down over 2% in early trade a close of 1% or less was welcome news for the bulls.
Conglomerates, services, energy, and transportation were the worst performing sectors.
HEY SHORTS…YOUR FUCKING DEAD!
DOW down 101
S&P down 12
NASDAQ down 35
WTI $3.42
Gold down $6
[youtube:http://www.youtube.com/watch?v=N9sGd-JLvNA 450 300]
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