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Dave’s Daily

MARKET COMMENT

By Dave Fry of ETF Digest, September 28, 2009

WINDOW DRESSING PERIOD BEGINS

Look, the calendar matters when bonus money is on the line. So it was today. With stocks a tad short-term oversold we get end of month/quarter tape painting. Last week we plodded along with a 2% loss but made most of that back in one day. It’s just the way of things.

The pattern of light volume buying continues without much comment or notice and perhaps this owes something to Yom Kippur which ends this evening. Breadth was quite positive. 

Read all of Dave’s Market Comment here. >>

 

 

 
 

 


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