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Friday, 10/01/2010 6:00:25 PM

Friday, October 01, 2010 6:00:25 PM

Post# of 51804
Deer In the Headlights.

By the close of today's markets, the SPX shows a triangle formed over the last 2 days. To what degree leaves me frozen. The selloff from Thursday's highs looks motive, so maybe the triangle is separating wave 4a and 4c with a lower open and rally the rest of the day on Monday. If the selloff from Thursday's high was not motive, then Monday could be a pop (wave 5 of ending diagonal) and drop.

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