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Thread   Start New Thread   Last Poster Posts Pages Last Post Status of NASDAQ 100 Index, NDX-& related ETFs, QLD & QID: frankenstein 1  1  29-Jan-08  12:26 pm

Author Message  maxboost Member Username: maxboost Post Number: 212 Registered: 12-2005 Rating: N/A Votes: 0 Friday, January 25, 2008 - 09:57 pm:     Looks like a Mac Dee cross setting up on the weekly chart for Merrill Lynch. I think Merrills is only carrying the interest value of its subprime loans on its balance sheet now so you would expect minimal additional bad news if they are telling the truth! The banking sector is the main drag on the S&P so if Merrills can do something the market should follow.

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