Wednesday, September 14, 2011

Stocks explode to the upside...

at 3:30 pm, stocks are taking off on optimism that Greece will resolve their debt crisis.  Default has already been built in, so shorts are getting caught with their pants down in here.

Dow +262
Nas +66
S&P +28 to 1200

1200 is that key level we keep bouncing around for the S&P.  A close above that would be positive technically.

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