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  1. Positive reversals last week, but volatility remainsl high

    Stocks were down sharply on Friday morning, but once again the bulls were able to stop the bleeding, held the indices at key support levels, and muster another impressive positive reversal. The Dow, down 360-points at the lows, closed up 114-points. It did turn out to be the worst week for the S&P 500 this year, but it was a lot worse about 4 hours before the close on Friday, so we head into Monday with the bulls having some momentum.

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