oversold

Just note how KZL is recovering.

I wonder why our market is absolute lemming. Did people know why the US market went down.

1. JP Morgan has more write down.. big deal.. the market was wishy washy for a while on this.

2. The market started dropping toward the last hour because of a joker Analyst Dick something.. said that JP Morgan's model broke down.

3. BHP ADRS US was up. Materials were actually up in US.
Freeport McMoran was up.

http://finance.yahoo.com/q/cp?s=%5ESPSUPX&alpha=F


Our banks are nothing like the US and yet we are down so badly. It is frustrating this short selling or dumping just because the headline number - DOW down 139 point. It was actually must lower at I think -170+.

I hope that BHP and RIO would pull us up this afternoon.