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It. The dow just went positive and is up all of about 17 points. So far so good. Well take it. Lets look at the big picture. The three charts you need to see now. Ill sew you the s p. Look at that. Take a little profit after that monster day yesterday. Were practically back to the flat line. The s p up 27 year to date and is the best year since 1997. Its hard to argue with the trend on this one. Back to the 1990s. Hello . Looking at the 10year, up three ticks. Its close to the threeyear high we saw in september when it got up to 3 for one particular day so keep your eye on 3 . Its not just psychological but is in effect a threeyear high. Moving on to gold, the polar opposite. Theres no bid for gold. Down 40, 11. 95. Were close to a multiyear low in gold. 11. 79 was the low you saw in july. You go through there and theres not a lot you can point to for support. Lets move on to the big three, the stocks were watching heading to the close. Julie is keeping an eye on them. Lets start with ....
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