R.C. Market Report 09.30

• Market Trend: Downtrend

• Optimism returned to wallstreet today. The rally today was certainly a lot stronger than I had anticipated. There's hope for the passing of another plan before end of the week. There's also hope for an interest rate cut behind failure of first plan and possibly the second plan. While the fundamental story offers hope, technically the downtrend remains uninterrupted. Personally, I find it easier to stay 100% technical because the fundamental story offers too much volatility.