I mentioned last night that the “XME’s” of the world were do for a bounce. So far the call was right on, as XME is up $4 and the coal and steel stocks are having a nice recovery bounce. The market looked ready to implode early, then we got some good news from durables,housing and consumer confidence. If the market can’t rally off these nice pieces of data, then we have problems. Lets see if the bulls can take the hill.

Looking at the financials for a late rollover?

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