Hmm...month is over and we ended on the higher end of the range for the months. Market sold off into the final 60 minutes which should suggest further weakness for tomorrow.
Volatility seems to be coming in and I suppose there is a good chance for an inside day tomorrow.
March 2009 will be one for the record books. We witnessed the sharpest 10 day advance in the US stock market since 1938 (!!!) during the months. Depending upon which benchmark you use we rallied between 21 % to 29 % from the March 9th/10th lows. Truly remarkable (to say the least).
Tuesday, March 31, 2009
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