Thursday, February 10, 2011

Morning weakness

It's 9:00 am and it looks like CSCO is going to bring down the market. Two levels of support we need to have in mind today, one at 1,308 and the most important at 1,300 where the SMa 120 is going to climb today.

Except CSCO earnings there are no other bad news today (so far).

12:00 pm

Once again market recovered after a morning dip.

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