Focus on the VIX today and the 10.57 level, 76.4% January. Stocks will see lower lows above that, but if it holds as resistance, we could be in for a choppy session. YM is in the old wedge below 12702. For now, NQ holds on to support above 1811/1812. If that breaks, 50 DMA at 1806/1807 will be key.
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on Thursday, February 08, 2007 at 2/08/2007 09:38:00 AM.
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