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Market recap: Stocks cut their losses late to close mixed after lawmakers in Cyprus voted...

Market recap: Stocks cut their losses late to close mixed after lawmakers in Cyprus voted against the proposed levy on bank deposits, but the modest volume yesterday and today makes the market action look like profit-taking rather than a fear-based trade. Despite a solid U.S. housing report, consumer discretionary, energy and materials seen as tied to economic growth led decliners.
Comments (3)
  • wapiti
    , contributor
    Comments (700) | Send Message
     
    Don't u mean Bernanke (OZ) cut the market's losses late in the day. He buys futures, shorts cover. Pretty simple.....worked for 3 years now
    19 Mar 2013, 04:41 PM Reply Like
  • Tom Guttenberger
    , contributor
    Comments (717) | Send Message
     
    VIX calls worked well, but I sold a tad early.
    19 Mar 2013, 11:17 PM Reply Like
  • anonymous#12
    , contributor
    Comments (552) | Send Message
     
    Stocks need a little bit more of downside to make shorts pounce...
    19 Mar 2013, 11:47 PM Reply Like
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