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| Bill Cara's Week in Review #45, 2011 Posted: 06 Nov 2011 10:45 AM PST [2:05pm ET Sunday] Week over week, the US equity market dipped about -2.5%; but the downside happened on Monday afternoon and Tuesday morning, linked to news reports from Europe. From that point on, the rest of the week on balance was pretty bullish. If you add in the extreme bullishness of the previous Wednesday through Friday, then prices are clearly higher. Over the past two full weeks, the S&P 500 is up +1.22% and over the past four weeks this broad market index is up a very significant +8.44%. |
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