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Pre Opening: Muted Reaction To Today’s Economic News

S&P down slightly on some what disappointing numbers.  The bigger story was the lip service paid to inflation by helicopter Ben at the historic Fed news conference yesterday. Inflate our way out of what ails us.  S&P on track to our 1363 target sell price. We will exit there for a trade able pullback. S&P looks to be able to attain 1427  longer term (see Todays Chart). Continued Euro strength as ECB and Fed try different paths to balance budgets.

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