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Strategies & Market Trends : Mish's Global Economic Trend Analysis -- Ignore unavailable to you. Want to Upgrade?


To: LTK007 who wrote (67153)8/3/2007 6:49:49 PM
From: Crimson Ghost  Read Replies (1) | Respond to of 116555
 
I predict SPX will not drop below 1363 on this move.

Not because of the PPT but because junk bond credit spreads narrowed this week despite the plunge in stocks.

That is a strong bullish divergence.