ES Journal Archive (2006 - 2008)

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Out of all this IBM is what is representive of the economy so their good earnings should help stocks

Quote from gwac:

microsoft just came out, stock getting hammered...
 
Remember that going into the weekend,

1. more earnings

2. possible oil price rebound

3. how many are willing to hold long through this weekend due to the after close earning reports

We may see one last flush before a reasonable retracement to a higher level to occur.

Another important thing is Olympics. Usually it slows all trading activities to a halt. Not sure if we are going to see that this time.
:D
 
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