So I mentioned that number this morning as the pivot point and looked where we closed 1005.80 (1006). The point I made this morning is exactly what I have been saying we are just in a range =/- 10 points on the pivot point for most of August so far. Actually the S&P has been trading in a 30 point range for the last 2 weeks.
1006, 1006 very very important. Remember when we had that 775 number I believe.
I guess we will see next week-
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