Market commentary for 05/13/2008 Good day! Monday opened a little higher and didnt bring much weakness, especially after the 10:00 am reversal period. Obviously the 60 min continuation consolidations didnt work. In spite of that we saw a strong intraday reversal on light volume. The QQQQ was the strongest again and traded back to its’ daily highs, while the DIA and the SPY’s previous 60 min h[...]
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[Source: The Money Blogs]
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