The market internals were also weak, Breadth was only 1.78:1, with only 885M shares traded on the NYSE. This is incredibly low volume that is normally only seen around the Holiday's. Things are getting very interesting now, with the Bonds at the point of breaking down, and the Trannies not confirming, all mixed with low volume, this market is very fragile and it will not take much for a large sell-off to start the cascading downwards.
The new web-site is very close to being finished with just a few more technical adjustments needed to wrap-up this project. If things continue to go smooth the new blog will become the primary site with-in this week. You can check out the new site here. Please leave any comments or suggestions for new material you might have, and don't be shy, your comments are always appreciated. For the shy ones, you can contact me through E-mail, links are available on both sites.
-The "Urge to Splurge" - New Trend, or Echo of the Old Mania?