Friday, November 9, 2007

Friday, 11-09-07

Thursday saw another last 90 minute rescue, trade lower all day then get saved by the bell continues. That save by the bell has moved a full hour above the lower band so a bottom is now possible. From here the market is at decision point. If it trades above 1485 today it can still go to 1605. Drops below the lower band again it goes to 1415 and the up side is done.

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