Saturday, June 4, 2011

S&P 500 Down for the Day and Week but Fractionally Above 1,300

Doug Short submits:

The S&P 500 closed at 1,300.16 ? a loss of 0.97% for the day and 2.32% for the week. The index is 92.2% above the March 2009 closing low, but 16.9% below the nominal all-time high of October 2007. Below are two charts of the index ? with and without the 50- and


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