15/07/2009 Rally continues

Posted on Wednesday the 15th of July 2009 at 23:58 by LtPinback
Tags: , , ,

Market gaped above the R2 line and posted a broad based rally. Volume rose to average.
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Manufacturing data suggested that the rates of manufacturing decline are slowing decisively and that the recession is abating. This coupled with Intel (INTC) reporting earnings that handily beat forecasts on better-than-expected consumer demand for personal computers was the [...]

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