Dec 8, 2004

Levels for Watching

-- 1610.31in the NDX is a 50% retracement from this morning's low to Friday's high.

-- 105.13 is the level the yen broke down from 2 weeks ago.

-- 4.15 is where the UST 10-yr yield's 50 day moving average is and 4.2 is the uptrend line from from the october lows.

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