Wednesday, February 4, 2009

PreMarket 02/04/09

Politicians are still debating the stimulus and bank bailout plans. We start the two day analysis of the employment situation in the US. It is hard to believe that the employment reports will be anything except lousy. However, the market is still willing to accumulate equities near the 800 level.
24 Hr Globex Pivot: 829.25
Day Session Pivot: 830.50
Largest 10-Day Avg Distance From 0930 ET Open: 18.95
10-Day Standard Deviation: 6.57

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