PM update:
I had a feeling last night that the short side was too crowded. Nice rally for QQQQ as it heads its way back to to 49. NQ closed the gap at 1986 and that is support going forward. Financials are still weak, so this rally could quiet down, but bears definitely got whacked.
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on Thursday, June 19, 2008 at 6/19/2008 02:34:00 PM.
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