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S&P 500
5,567.19
(
1.06%
)
US TECH 100
19,828.00
(
0.95%
)
Dow Jones
39,375.87
(
0.17%
)
Brent Oil
86.37
(
-0.47%
)
Bitcoin
56,598.16
(
-2.92%
)
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Portguyofva

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Portguyofva

Re: moneymaker$ post# 13206

Monday, 11/05/2012 6:18:01 AM

Monday, November 05, 2012 6:18:01 AM

Post# of 22506
IMO, the low 8s was a long shot. BAC has to fail at the 50 day MA to get down to that level. The market still isn't out of the woods yet. Keep an eye on the DOW 13000. It's a critical level near-term. A 2-3% downward correction ahead of Santa rally would be healthy. If it happens, BAC may test its 50 day MA which is currently sitting at 9, but up-trending. GLTY!
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