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canestsal

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canestsal

Re: None

Saturday, 10/15/2011 8:16:57 AM

Saturday, October 15, 2011 8:16:57 AM

Post# of 1796
In 11.55 out 12.42

There is too much uncertainty going into the weekend. The fact that banks barely participated in the rally has me concerned. Large outflows in BAC, with retracement under 6.20-6.22 support is cause for concern. If the G20 meeting spurs some good news, I will be buying back in at a higher price on Monday.

Dow has rallied huge, and in my opinion, the S&P rally has been pathetic in comparison.

I will be refreshing the Bloomberg news page Monday morning so I can get an idea of the direction of the market.

Canestsal
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