6/13/2006

Globalization of bear market

Today's headlines tells the story:
Global equity sell-off accelerates across Europe

It will be interesting to see what happens in USA market by the end of day. Going by past trend it might be up day! What happens next? A rapid decline like this with no hint of stabilization should set us up nicely for the next earning season. The next quarter may not offer many opportunities but if the correction extends to September, we will have good set up for October reversal.



Stocks with all time high volume
CBAK,China Bak Battery Inc
GRZ,Gold Reserve Inc
PETS,PetMed Express Inc
THX,Houston Exploration Co
TRBS,Texas Regional Bancshrs

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