Sunday, September 13, 2009

For 9/14/09 morning

Pre-market futures are dropping, indicating stock market will probably have a gap down Monday morning. The short term support for Nasdaq is 2050 and for $SPX is 1030 to 1033. Let's see how market will react if they really get there. I still expect Nasdaq and $SPX will have good chance to find support at 2050, and 1030, respectively.

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