The Morning Report
The market continues to like Geithner, which represents Obama taking charge, and all the money thrown at Citigroup. The futures are all up nicely in the pre-market.
However, as I repeat myself again, the Dow and the S&P500 did pierce their October trading range and challenged the 2002 lows, but recovered somewhat but are not yet firmly back in the range. The above chart is of the S&P at Friday's close.
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