Some bond and Yen selling kept the damage under control, but bulls know they are on thin ice. ES is sticking to 1467.50 resistance, NQ 20 dma at 1938 and SMH (semis) battling with its own 20 dma at 37.35 (chart). Shorts are getting aggressive once again as witnessed by ISEE closing numbers. This is still a day to day trading environment.
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on Thursday, August 23, 2007 at 8/23/2007 07:48:00 PM.
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