Closing blast of short covering and NYSE tags 9700. Slight lag for NDX as the Yen bounces back a little from lows. A very bullish day, even the SOX managed a comeback. Nevertheless, we are due for some backing and filling, especially the DOW. YM 5 DMA is all the way down at 12870, 155 points away. Even the die hard bulls must be getting a little nervous.
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