Wednesday, March 21, 2007

This Bull Is Still Not Dead & Gone

With the FED holding rates unchanged, the market rallied, and boy, did it ! The session low was at 1421.00, the point which I mentioned last night at 10:59pm, as a "Matched Support, showing weakness in the current down move". This level held its ground & turned out to be a spring board for the rest of the Trading Session. The ES hit an intraday high of 1449.75 (a difference of 28 pts from the low

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