Profit taking before close

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Stewie

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Profit taking before close

posted on Oct 17, 2011 01:06PM

purely speculation, however I think because todays move was fueled by the blackout and the speculation of news (NOT actual news)...there will be those who do not want to hold positions overnight for belief/fear of a gap down before open tomorrow. Don't be surprised if that happens and there is a run down before close from profit taking.

I would be ecstatic if we can hold strong enough to close at or above open (2.09)