Market Wrap 2/19/09

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Another choppy day in the markets as it tries to decide if it's a tank or airplane. Came out with 4 smackers, so am a happy pilot either way.

The S&P closed below 800. Friday will be important to see if we get a weekly close below 800. The DJ30 undercut the November lows and closed just above it. A nice little head fake. Hard to imagine the market tanking just as people are contributing to their IRA's. Could have a nice rally until late April.

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