SPDR S&P 500 (SPY): Ult osc showing pos divergence on the ND...

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Thursday, 07/03/2008 11:37:14 AM

Thursday, July 03, 2008 11:37:14 AM

Ult osc showing pos divergence on the NDX. It's been a good signal when it occurs..and doesn't happen all that often. Positioning long for Mondays open could be a play...a bit risky with Israel only waiting for everything to line up in order to bomb Iran.........I don't think they will choose our national holiday to do that though. Probably after the elections.

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