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December 31, 2009

A Fitting Finish to a Disaster of a Decade

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Spx

Today was the third worst final day of the year in history for stocks (via SentimenTrader). The S&P 500 closed below 1121, the 50% retracement level that's proven to be key resistance for the past month or so. I guess we should expect no less from the decade than for it to go out with a thud.

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