Everthing looked rosy for the market, until around 1:00 PM EST...
It seems the market was looking for a quick resolution to the auto manufacturer bailout, loan or whatever you want to call it. But when that didn't happen, the market took a swan dive around 1:00 PM EST for just about the rest of the day.
Adding to that excitement was the 10.2% pop in the price of crude oil on OPEC's announcement of planned production cutbacks, spiking the gooey substance back up to around $48.00 a barrel. That news helped oil and other commodity stocks. Gold stocks were some of the biggest price gainers today, for example.
The market swoon notwithstanding, I'm still finding superb trade setups in the Baffle and RSVP Play areas. We've hit some of those out of the park lately, and I think I have the next one to do that...


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