Market still oversold must move beyond oil and cars

Daily Stock Market Activity - NYTimes.com: "Wall Street stocks traded in a narrow range on Tuesday as investors found few reasons to continue buying in what was expected to be a light-volume session following recent gains."

'via Blog this'

The headline says it all. Cars and oil will not lead us to the promised land. Moving beyond both will be a start in the right direction. The reason the market has devolved into unproductive trading (aka getting rich quick with no work) is because the headline is true and has been since Reagan's good-natured depredations.

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