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Re: sempertrade post# 3091

Tuesday, 05/07/2013 5:59:31 AM

Tuesday, May 07, 2013 5:59:31 AM

Post# of 29818
Actually there has been plenty of warning by the media on 20% run up in 6 months despite weakening fundamentals, yet without any meaningful correction. So it appears that QE effects have been much stronger, which is exactly what fed bank wanted.

US Economic news is light this week, and we are nearing the end of Q1 earnings,
so I sense only moderate up/down market movement this week
unless there's some major news from overseas.

On Thursday, we get initial unemployment claims report,
and that could be the biggest market mover for the week.