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Monday, July 27, 2009

Psych Levels

Lots of round numbers about...

Nikkei just clenched 10K.

Dow, S&P, & NASDAQ are near 10K, 1K, & 2K respectively.

Markets look overextended, but sentiment has reigned supreme lately.

Home sales & home prices finally have resumed rising in tandem, a good sign of economic health.

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