Thursday, November 1, 2007

Thursday, 11-01-07

We got the usual knee jerk reactions in both directions after the FOMC as the big institutions battled it out alright. We still have the old JOBS report drama to deal with Friday. After that is out of the way it now looks like the mid 1520s will be next Wednesdays support area. Note the 27 hour lower band and the 120 minute moving average are at 1525?

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