We touched 10830 yesterday, very close to the 10700 I mentioned before.
Very nice rally today. This rally will probably continue to where we broke support (11700). We were very oversold and a lot of shorts have made nice profits, so they will be covering the next few days.
(charts without the rise from today, prepared them yesterday)
Bank of America 1 year
Citigroup 1 year
Citigroup 1 year
Maybe he could send some more troups to Iraq, THAT will help the domestic economy...but he already asked Congress to withdraw the troups from Iraq ... to Afghanistan.
If they would send those 130 000 occupying soldiers back home, maybe they can boost the economy.
Helping his oil-buddies seems more important than saving lives and the domestic economy. Bush has now officially become the LORD OF WAR. Who can be so stubborn that one would not want to bring that occupying army back to the homeland. It has costs the US economy 4 trillion dollar, most of that money fell into the pockets of the Bush/Cheney Axis of Evil related companies Exxon, Schlumberger, Halliburton,...
Halliburton 1 year chart
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