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Heading into the week's end, we find that the ground under Wall Street has shifted a little. For at least one week this year, investors have looked at the glass as half full, lending some support to a story I posted earlier in the week: Is the stock market spring loaded? Could it move 3,000 points higher now?
Given that there was plenty of bad news, and some of the good news was suspect, I think investors simply decided "it is better to light one small candle than curse the darkness."
Continue reading Bulls & Armstrong take over, Buffett & GE take their medicine
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