Stock Market Analysis – 02-26-2008

February 26, 2008 at 8:40 pm · Filed Under Broader Market 

SPY Daily Chart

I hate to admit it, but today was actually pretty strong.  Despite news that went both ways, the market managed to rally and stay positive for the day.  We’re almost to that magical 140 line, so tomorrow should be telling as to whether or not this rally is for real.  I’m still bearish, but the bulls definitely have my attention for now.

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