Monthly Archives: November 2011

Nov 3 – Outlook

Yesterday I said that today’s open would decide how the market closed. I was right: the market opened in green and closed in green. Within 5 minutes from the opening, the S&P surged up 12 points. Then it retreated quickly and went to … Continue reading

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Nov 2 – Outlook

Today, markets did well. S&P 500 gained back almost 20 points from yesterday 35-point loss. However, the fact that we had some sell-off in the last hour to close showed how volatile the market was. There were plenty of people who didn’t believe in the uptrend … Continue reading

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Nov 1 – Outlook

The Greek Prime Minister George Papandreou will hold a referendum on the new European bailout package. The news sent a shock wave to the global markets. S&P 500 plunged more than 35 points. “Buy the rumor, sell the news” was effective … Continue reading

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