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Thursday, March 12, 2009

Bear Rally - March 12th

Market had another good up day today, yesterday it was flat. The Dow needs to break 7300. Expecting a good rally between 10-20%

Today the Dow up 238 points - 3.4%

S&P 500 up 3.9%;

Nasdaq up 3.9%.

From the Monday lows, the markets have now gained 12%.

The bank sector has seen a 45% gain; Homebuilders up 20%.

Crude Oil for April delivery gained $4.70 (11%), to $47.03/barrel.

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