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June 19, 2008

Mid-Day Update

Today's action has already provided bears with a couple of selling points, and we've progressed perfectly through the channel I proposed on last night's post. Here it is again:

stock chart

Also note that the BKX is off nearly another 3% today. It shouldn't be long before a couple of the big boys find themselves in boot hill, and Bernanke will likely return to his bag of malfeasances as coroner. Think precious metals may be aware of these tidings? Gold and silver have been creeping up all week.

 

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