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Minyanville's T3 Morning Market Call: Market Could Rest Into Turkey Day After Potent Move
By: Minyanville Headlines
Posted on November 20, 2012 at 09:09 AM EST
Futures are basically flat this morning after two very strong days in the market. Friday we got an outside bullish Red Dog Reversal and yesterday got the follow-through to that pattern with the market's biggest gain in more than two months. Futures are holding in this morning despite a Moody's downgrade of France last night. The rating agency downgraded French debt one notch to Aa1 saying its resilience to future euro area shocks is becoming more difficult to predict. The market has become very sensitive to headlines over the past couple years and all it took Friday for the ...
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