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November 21, 2008 3:08:33 PM EST

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Featured Article

Market Scoop

December Dow - Friday's inside pattern suggested additional downside. We saw that today, as the market opened higher but spent the day sliding lower. News that the AIG bail-out package is tipping $150 billion spooked investors, and investors are beginning to wonder if AIG is just a black hole. Fundamentally, the flow of weak economic reports will slow this week, with Thursday's U.S. Trade Balance and Friday's Business Inventories and Unemployment all expected to be weak. A steady to higher opening Tuesday is likely a selling opportunity. Our downside target is 7800. Read the full article.

Major Snapshot

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Desc Last Change (%)
S&P 500 749.72 -2.72 (-0.36%)
S&P E-Minis 748.25 0.00 (0.00%)
Dow 7,535.00 48.00 (0.64%)
Nasdaq 100 1,027.00 -12.50 (-1.20%)
T-Bonds 125'20.0 -0'05.0 (-0.12%)
5 Yr T-Note 118'06.0 -0'08.7 (-0.23%)
Gold 791.70 43.10 (5.76%)
Crude Oil 49.75 0.33 (0.67%)
Nat Gas 6.456 0.14 (2.22%)
Corn 338'4 -25'2 (-6.94%)
Live Cattle 84.90 -0.90 (-1.05%)

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