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Strategies & Market Trends : Technical analysis for shorts & longs
SPY 695.17+0.2%Jan 12 4:00 PM EST
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To: Johnny Canuck who wrote (44867)6/25/2008 5:49:21 PM
From: Logain Ablar  Read Replies (1) of 69695
 
Hi Harry:

I was nervous the FED would raise today with energy and gold taking a wacking. It would have been the smart move to shore up the dollar and help out the consumer but would have hastened the fall in financials.

Now back to normal, market will go down with financial, housing continuing to lead.

Exporters have to be doing great from the dollar standpoint so not sure with jbl (they export but are located all over the place).

I don't know how profitable the hd converter will be.

There that didn't help at all.
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