Monday, March 26, 2007

MARKET RECAP

Buy the dip. That appeared to be the theme of the day. From being down over 110 points to down only 12 on the Dow while a 20 point dip on the Nasdaq ended with a gain of close to 7 points. The S&P too closed in the green from a drop of 13 points. I guess all's well that ends well. Like I stated earlier today, the markets will find a way to make good news out of the housing slump. The indices appear to be firmly in an uptrend once again.

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