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Wednesday, March 19, 2008

SP 500 daily March 19


After the Fed. Market has been hit with Hammer of money.
Oil will fall a bit, gold will retrace down and we will consolidate here while the bear re assess where the next financial crisis will occur.
Bank One, Discover, and American Express are writing off debt at a faster rate than ever before. Consumer credit is going to take it on the head.

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