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Strategies & Market Trends : Technical analysis for shorts & longs
SPY 681.92-0.7%Dec 31 4:00 PM EST

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To: Logain Ablar who wrote (40826)3/11/2004 3:10:28 PM
From: Johnny Canuck  Read Replies (2) of 69358
 
COMPX failed to get above resistance level at 1984. The market is falling back due to the lack of follow through buying as a result. Keep in mind next week is option expiration. A lot of traders are closing their postion today, I think that is contributing to the weakness.
We may have to wait till Monday to see there will be a re-bound of any note.
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