Gee the HP news was supposed to give the NAZDAQ the shot in the arm to lead us higher but something happened in the past hour as the NDX has fallen from a high at 1160.50 to 1145 (under the 10am print at 1149.75)
the S&P has also turned negative well back under 860 while the DOW is slightly over the 8300 cash key
get ready for a third wave down if the count is right 845 cash is crucial
still a bit early for hard selling since it is lunch time but after 2pm watch out
http://stockcharts.com/def/servlet/Favorites.CServlet?obj=ID3095409
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