Thursday, April 14, 2011
Gap Up Signal
If the market closes around these levels at 1312, I expect a gap up tomorrow. GOOG earnings are coming out after the close but it shouldn't make much of a difference either way. The market got quite oversold today and usually you get at least a 1 day bounce back effect which started mid day today. The liquidation in the commodities complex is over and that is helping equities.
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