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I've got some range trading for a couple of days betw 980 and even 1030,
but I expect to see a doozy of a down day next week and do not expect a
bottom until we are below 900 and dow 7000. We will bottom on a rate cut
betw meetings by the Fed (buy those Oct funds contracts, the cut could
be 50 bps, risking 3-9 ticks for 10-40 possible gain).
Steve
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