FOR FRIDAY: (8/19) Possible week-end profit-taking will set in but investment bankers aren’t giving up on buying dips no matter how close the market gets to 2200 on the S & P. We still have a bias toward weaker prices into next week and there is a reliable cycle after August 25 that should finally tire the market even if it holds up a few more days. Not expecting a whole lot to do for Friday.
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