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S&P cash around 1230-1250 today



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Between 1230 and 1250 the cash moved from 1327 to a little over 1338, then
fell back abruptly to 1329. The S&P didn't respond, so apparently everyone
knew it was bad data.  But the INX did not just jump -- the first minute
looked like bad data, but after that INX continued upward, rising rapidly
but steadily over a period of about 20 minutes.  
Question: How did everyone know this wasn't a real rally?



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