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Thursday, March 19, 2009
Market
S&P tested yesterdays highs this morning. Thru 805 there is a gap to 823 on daily chart. Citigroup issuing more stock and planning a reverse split and its up in pre-tradind. Fedex wiffed on quarterly earnings and its dwn 65 cents and they are going to lay-off more people . Triple whitch could keep us up for 2 more days but the correction will come monday or tuesday.The fed flooded the market with $. That could and should have negative impact on market. Be nimble today. Good Luck
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