Believe it or not, much like last Friday the question right now is how fast could the market crater?
Inasmuch as last Friday's negative crescendo to a poor, holiday-shortened week — finishing more or less on the lows — did not prove as foreboding as, indeed, appeared possible ... today's similarly negative close — finishing out the week, as well as January 2010, more or less on the lows — no doubt doubles, one might reasonably think, next week's negative potential.
In hindsight, then, last week's "foreboding" might simply have been the setup for this week's decidedly negative culmination to the first month of 2010.
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