Wednesday, 3 February 2010

Here is your Crux PM update:

This market leading stock is stumbling
A close below this level is bearish for the entire market...

Commercial real estate losses would wipe out entire banking system
Only "accounting and regulatory gimmicks" are keeping the system together...

Richard Russell: Get ready for the "second round of pain"
"Now that everyone is optimistic, the stock market is topping out."

Credit Suisse: Buy the stock market dips
Firm sees continued upside in stocks.

Mutual funds could be signaling a correction
This indicator is at historic extremes...

Regards,

Brian Hunt
Editor in Chief, The Daily Crux
www.thedailycrux.com