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August 19, 2008 Stock Market Recap

post from Trader Mike on 19 August 2008 09:20:04 PM. © Trader Mike

Despite the light volume selloff today the bears were able to do some technical damage to the S&P 500 by breaking its July uptrend. It’s looking like a retest of the July low could be in the cards if the bulls can’t defend support around 1250.The Nasdaq looks a little better since it’s still [...]

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