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S&P 500
5,469.30
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0.39%
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US TECH 100
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1.14%
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39,112.16
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senrex

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senrex

Re: None

Thursday, 07/26/2012 9:18:00 AM

Thursday, July 26, 2012 9:18:00 AM

Post# of 345980
FWIW: Bollinger bands very tight on the Hourly chart, probably indicating a relatively good size move in the not-too-distant future. My gut says "down" would be a healthy consolidation process (also biotech and pharmaceuticals have been hiding out places for traders during the market down trend and if this market has legs per this morning's futures, these sectors may see short term money going to greener fields for awhile). On the other hand, the 200 day weekly moving average looms at $2.07.
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