7:30 AM
The market had a decent sell off yesterday, from open to close. The bond insurers were down graded, which started a couple of weeks ago. This sell off took back all the gains on Wednesday. The volume is heavier than relative low volumes while the market was moving up. Today is the OE day, so I expect the market either stall or downwards as I saw the put/call open interests is high, I still think since the puts are traded by the MMs, they want to make money.
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