Pre-open:
NQ does a flush down to 1836.25, 76.4% Jun/Jul and manages to get back above 1846. ES is back to trading above 1272 after hitting 1268.50. Bonds are at par, oil is below 109, so this drop feels a little out of synch. If we are to really sell-off today, ES has a gap at 1249/1259 and NQ 1811.75/1828.75.
Factory orders at 10, Fed beige book at 2.
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on Wednesday, September 03, 2008 at 9/03/2008 08:51:00 AM.
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