Wednesday, October 5, 2011

At 3:45 pm...

Stocks climbing in the last hour.  Looks like the shorts are clearly taking a day off after yesterday's face ripping, last hour rally.

Dow +112
Nas +53
S&P +18 to 1142

Banks are even joining the party.  Morgan Stanley is now up 0.49 to 14.50.  That stock had been as low as 11.58 yesterday before 3 pm.  Nice little 20% move in one day.
 

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