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Coordinated rate cuts? - Market in frefall ??

5 min Emini Nasdaq 100

Hi,

So you have heard of the coordinated rate cuts? Is it working? Apparently not.. I decided to stay out of the market.. I did not like the long shadows on the candlesticks. Next, I don't like the fact that there is no real slope in the moving averages.. Also, Short-term MACD is close to zero line... No trade today.

Posted by Michael Taylor on October 8, 2008 5:49 PM |

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