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Friday, September 15, 2006

Stuck In The Mud


The overall market was just like this truck, stuck in the mud, moving sideways throughout the whole day. The Bulls are taking a break after 4 straight days of wins. Traders also do not want to have any huge positions ahead of the closely watched CPI data on Fri. If the CPI data leans to the hawkish camp, watch for play to the downside.

posted by Simply Options Trader at 11:33 AM PERMALINK


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