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ajtj99

09/12/07 4:27 PM

#108068 RE: LG #108066

LG, that SPY rising support line out of the 9-10 low was also part of a minor rising wedge. A break below that lower rising line and a recovery would make a nice looking channel.

Meanwhile, the TNX is behaving like the 43.01 low is the bottom here for a few weeks.