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was Steve

07/17/09 3:31 PM

#37038 RE: euterpe1 #37037

definitely overbought in short term. it can be relieved by going sideways, but sure would appreciate some nice selling on monday. I have memories of past mondays post options expiraton where it is common for the market to go opposite the move into opex. since this was definitely a rally into today i am anticipating selling and am remaining short.