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Friday 5 July 2013

Stock Market Analysis

The stock market is preparing to rebound
Look to buy S&P 500 below 1620 for end of day expiration 4pm EDT if Non-Farm Payroll is between 163K -175K
That will be better than the 163K estimate but lower than the 175K previous
Better than estimate is always good, but less than previous should reduce the fear & risk of QE tapering

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