Melt Up?

March 3, 2011 6:56am by Barry Ritholtz

Futures are very strong today — I expect trading today will be the key pivot point of this rally. If it fails today, we should expect significant downside, on the order of 5-10%.

If the rally shows breadth, volume, and a close near the highs, it will make me rethink my correction stance.

More to come later . . .

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