Archived Weblog Entry - 03/13/2007: "SPY follow-up."

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03/13/2007 Archived Entry: "SPY follow-up."

The SPY update below was recorded yesterday, before today's big drop. The markets are obviously jittery! The rally to $143 is still possible (see weekly chart), as long as the support at $137.25 holds. Below $137.25, the markets look ugly for the long-term.

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