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FinancialAdvisor

04/03/08 8:40 AM

#24942 RE: QuickTrade #24939

*BBY, looks like an impulsive rally led by shorts covering, but on the weekly, it could very well have encountered resistance at yesterday's high at the 50/200 weekly moving averages should provide significant resistance. A failure here would confirm what everyone already thinks, that yes, we're in a recession and have been since last year!