Thursday Wall

The Dow fell as much as 100 points today before reversing some of its losses. It still finished down for the day, but maybe is starting to stabilize. NASDAQ lost almost 1% for the day, so it could not duplicate the Dow's bounce. Let's hope that comes tomorrow. Retailers are getting skittish as the Christmas season nears. Wal Mart posted good numbers, but they were helped by all us buying supplies for the hurricanes. This discounter had been feeling the pinch as everyone rotated to higher end goods. Does this signal a pull-in? December's numbers will be important. Dow -30.26 NASDAQ -18.94 S&P 500 -4.90