MORNING MARKET COMMENTARYfor Monday, June 2, 2008Nasdaq Composite Ends Month Above Its 200-Day Moving Average Line - Kenneth J. Gruneisen, CANSLIM Certified, Registered Principal, Source Capital Group, Inc. (Members NASD, SIPC)The major averages rallied after consumer confidence fell to a 28-year low in May, however the Dow Jones Industrial Average sputtered into the close with a small loss. Friday was Day 4 of the current rally attempt which means that a proper follow through day could occur anytime in near futu[...]
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[Source: The Money Blogs]
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