SP500 Levels Into the Close...

10/17/08 03:46PM EDT

We've been bouncing around a critical momentum line throughout the day. That line in the SPX is 955.98 (see chart). A close below it takes you to 875.66 on the downside. A close above that gets you another +8% to the upside to 1035.11.

That's our math, and we're sticking to it.
KM

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