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Friday, October 07, 2005

A few charts.

In the last hour can happen a lot but at the moment it seems the markets rebouncing a little. The S@P 500 below the 200SMA but testing this level today. The Nasdax above the 200SMA. We will see next week if these levels can maintain or if we will go further down. I expect a further recovery from here, but the optimistic mood of the last weeks is over for now.






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