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May 15, 2008 9:05:42 AM EDT

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Featured Article

Euro, S&P, Gold

Just looking at the tape from last week reveals the extent to which traders were short stocks after the Fed meeting and forced to cover, which sparked a rally that now has much of Wall Street bullish on stocks. Most traders, if they were able to filter out the noise and focus on charts, probably still did what they were trained to do: sell every trendline, Fibonacci retrace, divergence and moving average that appeared to suggest at least an intermediate term top in stocks. TradingtheCharts.com (TTC), on the other hand, is proof you can do things differently. Read the full article.

Major Snapshot


Desc Last Change (%)
S&P 500 1,408.66 0.00 (0.00%)
S&P E-Minis 1,411.25 3.50 (0.25%)
Dow Jones 12,879.00 0.00 (0.00%)
Nasdaq 100 2,005.00 8.50 (0.43%)
T-Bonds 115'26.0 0'10.0 (0.27%)
5 Yr T-Note 111'12.0 0'06.2 (0.18%)
Gold 866.80 1.40 (0.16%)
Crude Oil 125.40 1.18 (0.95%)
Nat Gas 11.62 0.022 (0.19%)
Corn 596'2 -11'0 (-1.81%)
Live Cattle 94.625 0.275 (0.29%)

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