Stocks Fold to Selling Pressure as Heavy Volume Blankets the Market
September 1, 2009
Positive economic news from the ISM group helped boost stocks around 10am EDT. It appeared all was well with stocks with positive news coming from the manufacturing sector. However, institutional selling took hold and quickly reversed stocks from very nice gains into NASTY losses. Volume was tremendous all day long as rumors of bank failures [...]
Stocks Fold to Selling Pressure as Heavy Volume Blankets the Market
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