SGS is Long (As of close of 4/30/2012)
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SPX is now trading below its recent price channel. I think chances are
good SPX drops to test 1400 and possibly the primary downtrend line
intraday around 1390.
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Disclaimer: The views expressed are provided for information purposes only and should not be construed in any way as investment advice or recommendation. Furthermore, the opinions expressed may change without notice.
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