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Daily Archives: January 14th, 2008

Review 1/14/08: SPX, Nasdaq, IBM, SAP (SAP AG), VCLK (ValueClick), POT (Potash), MOS (Mosaic)

Thanks Big Blue! This morning, IBM announced surprisingly good “preliminary” 4Q results. The news prompted buyers to rush back in and the sellers to start covering their shorts. This weekend, in my Market Forecast, I said, “For the new week, earnings are starting. The market really needs some positive catalysts to draw the buyers back [...]