Tuesday, November 27, 2007

Risk Aversion Is Still In Play...

Well..EJ is getting hit, hard again..we saw EJ trade from the 161.50 area down near 159.55. Thanks to the news of a major UK bank stated that they expected to write down an additional $12 billion due to the sub-prime issue.

Daily pivots:157.09, 158.32, 159.02, 160.24, 160.95, 162.17, 162.87, (Price opened below the pivot).

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