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S&P 500
5,127.79
(
1.26%
)
US TECH 100
17,446.00
(
2.17%
)
Dow Jones
38,675.68
(
1.18%
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Brent Oil
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(
0.00%
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-0.10%
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Post# of 704019
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Zeev Hed

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Zeev Hed

Re: Ace Hanlon post# 348407

Friday, 01/21/2005 7:33:28 PM

Friday, January 21, 2005 7:33:28 PM

Post# of 704019
Would not junking GM bonds further narrow the spreads? By the way, my analysis of the markets internal show a divergence between the indices (new reaction lows) and various strength indicators such as AD, Up/Down volume, stocks above the 10 DMA and 200 DMA, all indicating that the January 4/5 period was the low in the latter indicators, and these are holding at much better levels today with the indices breaching.

Of course, I remain bullish with cash at 8%.


AZH

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