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S.P. minis: " a wounded animal"

 9/3/09

9:00EST

ESU9:  No new patterns from yesterday, although what is significantly new today was the one day jump in market sentiment.

Which is the one day sentiment readings; it jumped from 27% to 83% bearish sentiment in one day, which is the largest extreme jump in 43 months. 

Generally this creates a reflex rally. 

You know the old expression

" a wounded animal is more dangerous than when he’s healthy"

 

(Complex) Running C/T

Equalizer: 996.00

Up Price Target: 1025.25

Down Price Target: 966.75