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Wednesday, October 27, 2010

E-minis

Some overnight action
And read the interesting Oct 25th entry http://www.consumerindexes.com/

The way they calculate, this consumer downturn is already much greater than the 2008 contraction.  Has the market felt any of this contraction? We'll find out on the 29th just how much pain the economy is in with the preliminary GDP report.

Most have been focusing on the election and the FED meeting next week, but there is a stealth "news" date coming this Friday...
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