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inthemoneystocks' Blog : Groundhod Day Again And Again

Date February 9, 2012    Comments Comments (1)    Rate this post Recommend This Post (34)   
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Yesterday, we wrote about the major stock indexes declining in the first half of the trading session only to bounce higher throughout the afternoon. Well, it happened again today. The same exact pattern repeats nearly every trading day since mid-December.


 The trading volume in the SPDR S&P 500 Trust (NYSEARCA:SPY), and the SPDR Dow Jones Industrial Average (NYSEARCA:DIA) remains extremely light. The light volume will generally favor the upside as there are simply no institutional sellers to take the market lower. Traders must enjoy this inflation rally while it lasts.


Nicholas Santiago


InTheMoneyStocks.com


Tags : SPY   DIA   VXX   SSO   DDM  

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Author MightyMo     Date February 9, 2012 16:06 Abuse this post Report Abuse
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GROUND HOG day or not... the rest of us making money hands-over-fist
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