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Market Direction Outlook For Nov 20 2012 – More Upside Yet

, Categories: Stock Market Outlook

Market Direction Outlook For Nov 20 2012 – More Upside Yet

Market Direction today was all up. There is more than one reason for it but between being deeply oversold with markets down below the 200 day moving average and hope that Congress and the President get the message about the fiscal cliff, investors were back buying again. A number of the stocks I follow did very well today and others not as well as I had expected. Intel Stock is deeply oversold but it cannot get a serious move back to even the $21.00 valuation.…

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