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Daily Archives: December 2nd, 2007

Market Forecast for Week of 12/3 (Part II): Sector Watch

XLF (financials)

XLF is looking better. It closed at $31, pretty much where the 30-day MA is. If it gets above the resistance at $31.5 and catch the daily upper BB, it would be very encouraging, not just for the financials, but, also for the broader market.
BTK (biotechs)

BTK closed at 828.69, basically catching the […]