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"We see what we want to see unless we make a conscious effort to see what is really there." -anon.

Archive for May 12th, 2008

Stock indexes rally

My last few updates suggested a retest of the moving averages. Last Friday the S&P, as can be seen in the SPY eft chart on the left, the index fell right to the lower moving average line (the darker blue line) almost to the tick. Today (Monday) the low of the day held right on […]

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