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March 9, 2010

Stubborn Dollar

Equities continue to be unphased by either overbought readings or advances by the dollar. The SPX set new closing and intraday highs for the current daily and intermediate cycles while tech stocks set new closing and intraday highs for the entire rally out of last March, following small caps which did so last week. At some point, though, stocks are going to have to ...

 

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