The bulls are cranking with good news from IBM, SAP and BAC. Subprime is one the back burner once again. ES easily conquered 1557.75 resistance. It's still opex so anything can happen, but the Q's are well above 50 and breaking out to new highs. The only hiccup will be oil at 75.70. That is a real concern, so be careful. Watch previous highs for YM: 14045, 14066 and 14097. They will come down and close some of the gaps. Again, watch oil.
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on Thursday, July 19, 2007 at 7/19/2007 08:55:00 AM.
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