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Wednesday, December 30 2009  |  01:52 EDT  | 
DJIA (DIA) S&P 500 (SPY)

Market Currents

Wednesday, October 21, 2009
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  • TradeNvestor: S&P, laggard of the indexes. Tech will lead us out, but the S&P will drag us down. Continued downtrend in financials, GS, BAC, WFC, or FAS
    about 1 hour ago
  • David White: FY2010 PE's are CENX=86 and AA=26. Both stocks are far above their 50-day SMA's (CENX +49% and AA +23%). Retracement soon likely,esp. CENX.
    about 1 hour ago
  • David White: Aluminum stocks have rallied recently on higher aluminum prices. They've gotten much too high though. Toppy. Likely to retrace soon.
    about 1 hour ago
  • David White: Trouble in Ford and GM is not only disturbing for the auto makers, but also for the steel makers. Fitch has the steels on credit watch.
    about 1 hour ago
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