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Market looks pretty weak


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#1 NAV

NAV

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Posted 18 October 2007 - 02:35 PM

Not talking about the NDX. But neither the DOW nor the ES tested their broken channel tops in the regular session, which i am pretty surprised. So either they are reserving the upside blast on SPX for the after hours session, after the earnings releases or NDX will top out pretty badly with the downward pressure from SPX. I am neutral at this stage and busy scalping.

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