This market has been on a tear today after the FED pumped some cash into the fledgling banking system. The market seemed to enjoy this as it climbed over 400 points in one day. A lot of economic data has been priced in and we may see a run to the 12250+ levels and beyond if this party can keep going. Almost everything was up except health care, which got smashed today based on a warning from Wellpoint which left investor's wondering about the supposedly recession-proof health stocks.
Will this rally hold up or is this just waiting to touch another low? Another day at the markets.
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Tuesday, March 11, 2008
Wow, Run Market Run
Posted by
Dre
at
7:55 PM
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