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Stock Market --Dow over 10,000 WAKE UP!!!
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<blockquote data-quote="klein" data-source="post: 631912" data-attributes="member: 23950"><p>Confirmed what I have been saying all along :</p><p> </p><p><strong><strong>Briefing.com Intraday Commentary</strong></strong></p><p> </p><p> </p><p><strong><strong><span style="font-size: 15px">Moving the Market</span></strong></strong></p><p> </p><p><strong>U.S. dollar drops as G-20 members hold in place their opinion that economic stimulus ought to be maintained.</strong></p><p><strong>Dow up $203.52</strong></p><p> </p><p><strong>Strong:</strong>casinos and gaming; diversified metals and miners; coal and consumable fuel; steel; gas utilities; semiconductors; building products; wireless services; computers and electronics; gold</p><p><strong>Weak:</strong>(none with losses of at least 1%)</p><p> </p><p>BRIEFING.COM <strong>11/9/2009 4:20:00 PM ET </strong>] Market participants responded to a sharp drop by the U.S. dollar with a broad-based buying effort that helped stocks make heavy gains and finish at session highs. In fact, the Dow Jones Industrial Average logged its best closing level in 52 weeks. </p><p>News that members of the G-20 and Treasury Secretary Geithner maintain the view that economic stimulus should not yet be withdrawn led to heavy selling against the U.S. dollar and drove the Dollar Index back to 2009 lows. It spent the entire session trading with a loss of roughly 1.0%. </p><p>Weakness in the greenback was greeted with a concerted buying effort that gave stocks broad-based gains.</p></blockquote><p></p>
[QUOTE="klein, post: 631912, member: 23950"] Confirmed what I have been saying all along : [B][B]Briefing.com Intraday Commentary[/B][/B] [B][B][SIZE=4]Moving the Market[/SIZE][/B][/B] [B]U.S. dollar drops as G-20 members hold in place their opinion that economic stimulus ought to be maintained.[/B] [B]Dow up $203.52[/B] [B]Strong:[/B]casinos and gaming; diversified metals and miners; coal and consumable fuel; steel; gas utilities; semiconductors; building products; wireless services; computers and electronics; gold [B]Weak:[/B](none with losses of at least 1%) BRIEFING.COM [B]11/9/2009 4:20:00 PM ET [/B]] Market participants responded to a sharp drop by the U.S. dollar with a broad-based buying effort that helped stocks make heavy gains and finish at session highs. In fact, the Dow Jones Industrial Average logged its best closing level in 52 weeks. News that members of the G-20 and Treasury Secretary Geithner maintain the view that economic stimulus should not yet be withdrawn led to heavy selling against the U.S. dollar and drove the Dollar Index back to 2009 lows. It spent the entire session trading with a loss of roughly 1.0%. Weakness in the greenback was greeted with a concerted buying effort that gave stocks broad-based gains. [/QUOTE]
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