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Tuesday, February 2, 2010

DOW kicks of Febuary with three-digit gain

Wow I was wrong last night! The DOW went up to 118 pts with earnings beating expectations by Exxonmobile and better Manufacturing report (ISM). So we got our reversal. I suppose tonight will either be flat (Futures are not showing well) or green (continuation of rally). This might be a small rally for a week(?) before going down again. I'm staying conservative.

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