Monday, March 24th, 2008...4:00 pm
Financials find some legs and new 52wk highs
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The beat down of financial stocks has stopped for the time being. After JPM has now upped their offer for BSC to $10 from $2, most financials have rallied as indicated by the UYG:AMEX which tracks financial stocks.
Some new 52wk highs in the markets include WMT, BEAS, HCBK, GILD, NKE CSX, TJX and URBN.
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