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Wednesday, March 21, 2007

THE BERNANKE PUT...

(Click charts to enlarge)

QQQQ, Look close.
The last time we had a similar display the following day we tested the 50ma...


$VIX, closed the gap today and closed above gap support.
If by chance (???) it makes it back inside the wedge its hard to imagine that it will stay there long before breaking out again...


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