The market is tanking in the afternoon without any sign of recovering. The weakness is contributed by several factors: missing earnings from (CAT) and (GOOG), (CAT) is the global cyclical stock, and (GOOG) is the titan in the internet space; subprime isuues is back again? residental home construction is not the bottom until end of 2008. Maybe this just another excuse for the traders to take profits off the table today. Hopefully the market will recover some of the losses by half like previous sell-off a few days ago. Hang tight and pick an entry point of the stock you wanted.
Stock worth considering:
(ISRG) - volume 10 times normal on strong earning report
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