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jim30jen

07/30/14 11:44 AM

#4380 RE: hunchboy #4378

The SPX July 3rd high of the day was 1985 plus. On July 24th it was 1991 plus. today's low of 1963ish is still approaching the 50 day moving average from above. A bounce off the 50dma and subsequent rally would confirm the bear market beginning call of July 8, a bit premature.