Stock Market Analysis – 02-20-2008

February 20, 2008 at 8:47 pm · Filed Under Broader Market 

SPY Daily Chart

Another day passed without very much interesting news.  After opening low, the market bounced back after the fed confirmed that they would rather see growth than prevent inflation.  Everybody already knew that from the actions  being taken by the fed, but I guess people were looking for an excuse to buy today.  Maybe tomorrow will be more exciting.

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