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Wednesday, September 9, 2009
Officlal Market Capitulation
Some of these health care stocks were out of the world, to the moon, today. 50 to 100% gainers? Appetite for highly speculative risk? Lottery wins based on drug approval? This is getting close to a blow off top on the overall markets, is my humble interpretation of this.
Chipolte Must be In Trouble -- A reaffirmation of outperform usually means bad news needs to be levelized.
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Insightful and Useful Comment!