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WASHINGTON (Reuters) - Former Federal Reserve Chairman Alan Greenspan said he was late to see the storm gathering around mortgage lending practices and commended his successor Ben Bernanke's handling of the crisis, saying he would likely be responding in a similar fashion.

Oil at 80 is a brick wall for equities. But more importantly, we are squaring up ahead of option expiration week. The old gap close for NQ a 2003.50 could be resistance overnight.
We did get a pullback in stocks when the ten year yield approached 4.5%.
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