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« ..worse on the inside.. | Main | DJIM #11 2011 »
Friday
Mar112011

Bleak mood..

Everything written regarding Thursday’s trade is irrelevant now following overnight horrible events. We’ll suspend any analysis of the markets and ramifications until the weekend edition.  Simply, the market needs to defend 1294SPX on a closing basis to avoid January lows in the short term.  The overnight low of 1280ES should hold intraday if Saudi Arabian streets are quite.