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November 20, 2008 4:27:40 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 500 752.44 -54.14 (-6.71%)
S&P E-Minis 749.75 -62.75 (-7.72%)
Dow 7,490.00 -537.00 (-6.69%)
Nasdaq 100 1,039.00 -53.50 (-4.90%)
T-Bonds 125'25.0 3'22.0 (3.02%)
5 Yr T-Note 118'14.7 0'25.5 (0.68%)
Gold 749.90 14.00 (1.90%)
Crude Oil 48.70 -4.92 (-9.18%)
Nat Gas 6.291 -0.452 (-6.70%)
Corn 363'6 -15'0 (-3.96%)
Live Cattle 85.80 1.60 (1.90%)

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