Posted modest gains

Focus on stocks gathering momentum

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Posted by pickoption on March 5, 2010 , No comment

Trade was subdued for most of the session ahead of the nonfarm payrolls report and a stronger dollar acted as an overhang. In other economic news, pending home sales fell 7.6% month-over-month. A 1.0% monthly increase had been expected.
SPY0304

FEAR METER: The QQQQ implied volatility inched lower as bearish momentum faded away.

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Posted modest gains

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