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S&P 500
5,447.87
(
-0.31%
)
US TECH 100
18,978.00
(
-1.19%
)
Dow Jones
39,411.21
(
0.67%
)
Brent Oil
85.28
(
0.01%
)
Bitcoin
60,376.31
(
0.19%
)
Post# of 148479
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jdaasoc

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jdaasoc

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Re: LG post# 107878

Friday, 09/07/2007 9:20:52 PM

Friday, September 07, 2007 9:20:52 PM

Post# of 148479
FED gets to play up the rate cut 1 day before SEP options expiry. They did their policy change statement 1 day before AUG expiry and I think S&P went up 70 pts.

IMO the decline in market we have seen is totally controlled and no matter how we retest the AUG lows in next 2 weeks they are going to rally like no tomorrow when rate cut get announced either before Sep 18th if necessary or on the 18th.
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