OEX (S&P 100)updated chart. Note the failure at confluence 50% and 10 dma (621). Bulls do not have a case until this bellwether index closes above that level. This is also a good proxy for any stops if short.
GS and BBY report earnings on Tuesday. GS does a lot of commodity business, so many investors feel it is weathering the credit crunch better.
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on Monday, June 16, 2008 at 6/16/2008 08:23:00 PM.
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