Oil bids above 62 and the euphoria is gone. I had warned readers that this is a trading environment and today is no exception. NQ lost 1794 support and is now in the morning gap. Semis are in the red. If oil get back below 62, bulls will try and rally out of this, but for now, they are in trouble as NQ dropped 13 points from highs.
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on Wednesday, November 29, 2006 at 11/29/2006 01:15:00 PM.
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