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Thursday, April 2, 2009

Market Review and Potential Trade

Greeting Friends,
The bulls showed their resiliency once again yesterday as they shrugged off a big gap down and faded the gap almost immediately after the open.
Again, my next target and obstacle to overcome is the 89-exponential so keep an eye on that target across the board. If we don’t reject there, than we can see more upside to the 200-day market moving averages.

Potential Trade that I will be looking at is MA and FSLR (Call for both Options)
That's all, folks.

Have a nice trade

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