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SP and Dow bolted up to the area of their 20 day and 50 day averages which are starting to converge. Similar story with the Nasdaq. It doesn’t look like any of these indices exceeded last week’s highs. $rut is above the 20 but still below the 50. The Euro shot up to its 20 day and now has pulled back substantially. $vix doesn’t look to have violated multi-day support. Nice shot of POMO juice the big boys administered to the market at 7am PST with the release of factory data. Lets see if this market can holdup now.

Anna caught this print of 105.31 spy this morning. It could be our downside target for today?

http://www.screencast.com/users/Annamall2/folde

The pre-market manipulators have pushed us above the descending trendline from Aug 9th. I can only hope we get back to ~109 – looking for another re-entry point

Red,

this rk318 is SPAMMING for traffic to the rediffmail dot com site. He might also be in harvesting the IP addresses of DISQUS users who clicked on the link in the message.
The verbiage of his message is just a cover.
Ignore him, block him.

I just seen a 107.63 FP appear…

He’s not. The email server at his ISP is doing the email.

I’m confused as to why he’s posting it? Isn’t that his email address?

Looks like rk318@rediffmail.com is an invalid email address… and replies to him cause a bounceback email/post..