Thursday, November 6, 2008

Dow Jones low today 8841.15...is that the low for retest??

Markets are pulling back Again...Dow down almost 300 @ low so far.....

Europe had rate cut ranging from .5% to 1.5%...but European markets tanked almost 7%.....

Close is critical today......which will set the tone for Friday for Asia & Europe & then US......

Most stocks are down with markets......

LVS is down 40.9% as their filing to SEC includes mixed shelf offering plus cautionary statement about their covenants......Thomas Weisel analyst Jake Fuller is maintaining OVERWEIGHT rating with a target of $25...thinks LVS will outline plans shortly & see the probability of financing as HIGH.....????

BLOG does NOT give buy or sell.

Saleem

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