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Thursday Night: Editor's Note

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Play Editor's Note:

There are no new plays tonight. The market is extremely short-term overbought. It is certainly possible that the rally will continue into March 30th as mutual funds finish their window dressing for the end of quarter. This could make picking new trades a challenge this weekend with Monday and Tuesday still left in the month. Currently the S&P 500 is up 23% off its March lows and on track for its best month in more than 20 years. It seems a little foolish to chase this move now.

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