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Overnight (3);

Gustav is getting bigger, but interestingly enough, oil is still finding some resistance just above 119. That could change, of course. a move past 120 could get up to 122.50/123 in a hurry. For now, we are stalled at 119.25. Bonds are still having a tough time finding a bid but it has not helped equities so far. Watch ES 1275.50 support.
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