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Old 09-24-2006, 10:30 PM
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Re: Market Analysis for Sept. 25th, 2006

Here is a longer-term index divergence that will be in the back of my mind for the trading in the coming days...

Looking at the DJ and SP, the Dow traded above the May highs, but the SP could not trade to the May highs. On a longer-term, the market is looking weak.

Divergence.GIF

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