20070508 1630. When the market goes 8 consecutive weeks in gains, conditions get overheated and ripe for this type of correction. Oh and yes, there was a confirmation of the strongest kind when my mother's friendly hairdressor was not an expert in stock trading.... I heard of this over the weekend. Anyway the levels today came in to short at 1342.5 and long at 1347.5. The short was triggered.
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