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zigzagman

04/30/09 1:39 PM

#1065 RE: -blklabs- #1064

The Chrysler bankruptcy news put a dent in today's rally...

Chrysler Makes It Official, Files For Chapter 11 Bankruptcy:

http://www.cnbc.com/id/30488685

The gaps up at the open today have all been filled...Let's see if the market can recover now...The Chrysler news was expected since early this morning, so it wasn't that surprising...Now that it's out, we'll see how the market reacts...The market is actually holding up fairly well in spite of the Chrysler news...

But don't forget, tomorrow is the first of May...The end of the month window dressing by Fund Managers is over and that helped pump up prices earlier this week...