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Wednesday, January 23, 2008

AFTER HOURS

"There are volatile markets and then there are volatile markets. Wednesday's session was the latter variety, which is to say it was truly volatile." (YAHOO! Finance)

Well put...we went from losing 300 points by midday to gaining 300 points by the end of the day, that's a 600 point swing my friends! So I must say, this is a bullish move, one that I've been waiting for wayyyyyy too long. Will we be getting a dead-cat bounce tomorrow? Now that's anyone's guess, but this afterhours site or premarket site indicates that the markets should stay in the green tomorrow. Great, but remember...tomorrow could be another "truly volatile" day. Tomorrow's jobless claims, existing home sales figures, and even POT's earnings could turn this market upside down again.

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Edmonton, Alberta, Canada
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