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Monday, June 6, 2011

Cara Community

Cara Community

Bill Cara's Week in Review #23, 2011

Posted: 05 Jun 2011 08:32 AM PDT

[11:50am ET Sunday] Somebody commented in the blog this week: "Why is everybody so negative?" The answer is that equity prices continue to sink and the US economic data is fluctuating between bad and ugly.

The 3-month (13-week) chart of the S&P 500 (futures) shows five and a half weeks up and seven and a half weeks down, starting at 1331, hitting a week-ending high of 1345 and an intra-day high of 1364, before closing this week at 1300.

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Posted by IEmail at 2:12 AM

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