Thursday, October 11, 2007

Yahoo Finance Downplaying Sell Off

I just saw that Yahoo Finance has changed their headline for the same story from "Wall Street Gives Back Gains" to "Stocks Retreat As Investors Book Profits" which makes it sound more bullish. I think we're in for a bad situation. Something I called back over a month ago (previous post). The time has come, and I think it's time to sit out unless your shorting the hell out of everything.


yahoo old news


yahoo new news


People aren't booking profits. Their getting the hell out to save what tiny bit of profits they have. AMZN has erased over 2 weeks of profits in about 30 minutes.

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