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Strategies & Market Trends : Can you beat 50% per month? -- Ignore unavailable to you. Want to Upgrade?

To: Smiling Bob who wrote (14251)	7/18/2008 9:05:25 AM
From: Smiling Bob	Respond to of 19257

DOW - today's mkt will be a tug of war between negative techs and "positive" financials. WS rooting for the latter, as futures have been marching higher since C report, but I expect the techs to prevail by eod. Looking for a close around -100 on dow, for the first negative close on opex day in quite a while. My problem will be timing of cave on M, V, and COF in particular, along with some others. I'm hoping they don't stretch this rally much past 10, as time premiums evaporation will accelerate I expect the fizzle to begin around then. Again, would be a rare occurrence if it happens on opex, let alone that early edit I'm seeing LEH backing off a bit from early PM highs Also expect oil to close back up a couple bucks, which should weigh on stocks.