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Opening Position | BON 2012
Opening Position
On February 3, 2012, the big headline of the day was the better than expected jobs number. The report was that the US economy added 243,000 jobs in January. As expected, the markets reacted positively with all major indexes, giving the already rallying market a jolt. Those who apply Bollinger Bands to their charts will have noticed that prices were pushing past the upper bands.
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