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Reply #34: looking to end the day ragged and bloody (w/ yammering) [View All]

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ozymandius Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Nov-14-03 03:59 PM
Response to Original message
34. looking to end the day ragged and bloody (w/ yammering)
Edited on Fri Nov-14-03 04:00 PM by ozymandius
3:57
Dow 9,766.83 -71.11 (-0.72%)
Nasdaq 1,932.62 -34.73 (-1.77%)
S&P 500 1,050.26 -8.14 (-0.77%)
10-Yr Bond 4.233% -0.038


3:30PM: The bleeding continues on Wall Street as the indices head lower and set new session lows in the process... Buyers just couldn't find much to get excited about in today's trade - with a batch of economic data (see Briefing.com's Economic Calendar for the full list of reports) coming in around the market's expectation, and the bulk of analyst commentary slanted towards the negative... Consequently, traders took the opportunity to take some money off the table, using the indices' fall through a series of support levels as further reason to lighten positions...
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