Stock Market Update

Posted: February 27, 2008 at 1:36 pm by Chuck

The Dow is walking the line of resistance, after spiking up on the news that the portfolio caps were being obliterated by OFHEO. Oil is bouncing around but sticking in the $100 region. Bernanke and the politicians continue ~~to waste time~~ with the Q&A today, mostly about inflation. Seeing more share buyback programs today, mostly from lesser known companies, not blue-chips. It’s still important, though.