Strong Bounce Off Lows

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August 29, 2007

It looks like we’re getting a huge bounce off the exact low closes we had in the ndx and compx. I was slightly worried about it yesterday, but didn’t take action on those worries. I held short so minus whatever up close we get today off yesterdays great down move. I’ll be surprised if we close near the highs today. I’m expecting hoping for my shorts) some deterioration going into the close.




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