18/05/2009 Back into the trend channel

Posted on Monday the 18th of May 2009 at 23:34 by LtPinback
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Large gap higher and an upward trend channel from start to finish with a little resistance at 900. Volume was average
Citigroup’s (C) upgrade of Lennar Corp (LEN) shares to “buy” and Lowe’s Companies (LOW) raising its full-year earning forecast fueled the rally into life again. The Chicago Board Options Exchange Volatility Index (VIX) fell 8.7 [...]

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