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Re: Pre-Market Discussion for Thursday June 7, 2007
10:15am update.... market gapped down but did 'open-drive' up. watching for buy divergences on next push down. I was expecting the global interest rate surge to cause opening hour weakness and instead market went up off the opening price -- probably a squeeze. but screws up timing of a clean morning reversal up to test 15-min EMA will have to monitor momentum of this push down and then look for 15-min 20ema test.
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