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Tuesday, 08/07/2012 11:55:35 AM

Tuesday, August 07, 2012 11:55:35 AM

Post# of 784
Markets Continue Their March Higher But Storm Clouds Loom

The markets are inching higher once again today. The SPDR S&P 500 ETF (NYSEARCA:SPY) is trading at $140.58, +0.96 (0.69%). This represents a master resistance level hit in the markets and predicts storm clouds and downside coming. The key to understanding the markets is to always go on the opposite side of the hype. The markets expect QE3 from the Federal Reserve, a major bond buying program from the ECB and more. ..Continue reading here: http://bit.ly/OJg7dF

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