PM update:
SPX loses 1380, AD lines have become even more negative. Big drop in yields, especially on the 5 year as money flows back into bonds.
XLF (financials) is hitting a two month low. Semis are also down.
The close is what matters, let's see is they get SPX back above 1380/1383. That head and shoulder, though, is starting to look ominous.
SPX loses 1380, AD lines have become even more negative. Big drop in yields, especially on the 5 year as money flows back into bonds.
XLF (financials) is hitting a two month low. Semis are also down.
The close is what matters, let's see is they get SPX back above 1380/1383. That head and shoulder, though, is starting to look ominous.
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on Monday, June 02, 2008 at 6/02/2008 01:08:00 PM.
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