Tuesday, January 22, 2008

Two Hours to Go....

Dow -170
S&P - 21
Nasdaq - 52

This is an important last two hours of trading. As we said earlier, there will be some downward pressure from possible Margin Calls until around 2:30 pm.

After that, it's going to be a battle between Bulls and Bears. Any improvement from where we are right now, would be positive. A higher close could mark the end of the selloff.

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