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2) The and this was the key. When I saw the Nasdaq underperforming at the open. That was a KEY signal that it was going down and taking the S&P with it. Like I said Trading 101.
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Trading 101. Hate to say it but I called the entire market action in advance for today. 1) I said that the New Auto money usually only lasts until the beginning of the second trading day and that the bears should wait until then to atack.