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November 20, 2008 7:22:50 AM 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 500 806.58 0.00 (0.00%)
S&P E-Minis 810.25 -2.25 (-0.28%)
Dow 8,027.00 -467.00 (-5.50%)
Nasdaq 100 1,087.50 -5.00 (-0.46%)
T-Bonds 122'03.0 1'30.0 (1.61%)
5 Yr T-Note 117'21.2 0'11.5 (0.31%)
Gold 740.00 4.10 (0.56%)
Crude Oil 52.07 -1.55 (-2.89%)
Nat Gas 6.806 0.063 (0.93%)
Corn 378'6 -1'2 (-0.33%)
Live Cattle 84.20 -2.95 (-3.38%)

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