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News today has been okay, Paulson was pretty upbeat. Shorts are going to need something or the range stays and we will grind higher.

where do we go from here?

Its a global economy now and IMHO things resolve themselves in a quicker fashion then in past history. It may require a continued devaluation of the $ but so be it. Things will work themselves out pretty fast. Asian crisis is a good example.

I think we should be a lot lower but it does not matter what I or anyone else thinks. The market has basically priced in an implosion, so that is why we have trouble going lower at these range bound levels. It will take something new and ugly to get us going below 1300. You never know...

what does that black box say for next week

the fun just continues muni bond problems, being dumped big time this afternoon.

Poole helped out the shorts.

Poole just spoke and it was not pretty.

yep 47.5 goes then 52 to 55 very quickly. Remember shorts will have last Friday bloodbath on their minds still..

okay now i am covering my long since you have shown up.

Fridays are not normal days. I could be wrong but I am long here and will stay until 40 goes.

really not convinced, once again this thing should be lower, yet again it is holding on. We will see.

this action seems way to familiar (last Friday).

1440?????? doubt that! lol

Repeat of last friday, doubt it will end like last friday, but who knows.

Will we have a repeat of last Friday? lol

Is RTH only from 9 30 to 4 QUOTE]Quote from gwac: are u sure i have 1371 between 8:45 and 9am yersterday??

are u sure i have 1371 between 8:45 and 9am yersterday??

smiling what do you have for s2 i have 1362 1371 1380(pivot) based on 1390 1371 1380.50 hlc Just wonder where our difference is. TIA QUOTE]Quote from smilingsynic: We've already touched S2. The question is, will it be hit again? It had been over three weeks since S2...

s and P affirms US AAA status outlook stable