Sunday, October 12, 2008

Convincing Evidence

Futures are up 38 pts, global leaders are taking some initial steps to rebuild confidence, and the following article by The Big Picture are all presenting some rather convincing evidence to support near-term upside.


We'll see if these gains stick throughout Monday and more importantly if the rally will immediately get sold or if there will be some follow through.

The massive forced selloff in many of the ag and tech names might be a good place to start looking - use Friday's lows (at most) as a stop: MON, MOS, POT, AGU, AAPL, RIMM, AMZN

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