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THE NASDAQ IS UP 37.5%

As of this morning’s open the Nasdaq is now up 10.5% for the year and a scorching 37.5% since the March 9th bottom.

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    FDO15

    Denninger had a nice point this morning. If the S&P runs up to 1000 you’re in for a 13% gain from here. However, if the S&P retests the low you’ll lose 33%. Crazy.

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