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Archive for December 20th, 2011

Posted by Martin December 20, 2011

Is Santa Claus Rally undergo?

As I wrote yesterday, we could break down thru the support or bounce back. The market was oversold and there were no significant negative news to push it lower, however because of Europe, there still was a risk of going lower. It seems like we are bouncing instead. The SPX surged 2% up at opening Continue reading →