What a month — with the S&Ps up over 11% and the impressive move on Friday, consolidation could be somewhat expected. If you take into consideration the overbought nature of the market and how fast it got there, one day, a pullback seems to make some sense. Add in the lack of clear recapitalization of EU banks and the ripples from the MF situation, today’s action is….well one day and at this stage looking to be contained. I will watch to see if the shift out of risk … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards
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