Friday, May 16, 2008

Broad Partecipation

A better than expected CPI offering some relief on the inflation front. The market reacted with a volatile session that ended in favor of the bulls in spite of stronger selling pressure compared the last few sessions. Volume was decent this time showing the first signs of a broad partecipation. This is another positive news for the bulls.Here an interesting chart: Encore Acquisition Co.(EAC)
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[Source: The Money Blogs]

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