Thursday, March 29, 2007

PRE MARKET

The markets in Asia and Europe are a stream of green arrows.

4th quarter GDP growth was better than expected.

Jobless claims came in lower than expected.

US Steel is buying Lone Star Technologies, an oil field pipe maker, at a 39% premium.

The indices are expected to open higher. Judging by the strength in overseas markets, I expect US equities to put in a decent rally.

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