Huge reversal at the close with SPX finishing up 4.57 at 1411.27, off a low of 1370. MER is up 2.5% and that was a clue early on. As I wrote earlier, you needed to shut off the TV and have courage. That does not mean we are going much higher, just that the swing trade long was there. I noted all the signals, no need to repeat myself.
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on Thursday, August 16, 2007 at 8/16/2007 04:31:00 PM.
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