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ajtj99

01/21/08 5:47 PM

#114111 RE: challo #114108

challo, I don't think so. We could test the 1219 SPX 2006 lows by Wednesday at this rate.

Most things I looked today at suggest a 2-day drop on the US indices this week followed by a countertrend rally of 2-3 days, then possibly resumption of the downtrend to a slightly lower low.