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The Fed squeezes shorts and helps the bottom-forming process

August 17, 2007

By Oxford Club

Friday, August 17, 2007By Horacio Marquez Email – #58 ** The Fed squeezes shorts and helps the bottom-forming process. We expect a re-test of the bottom within the next few weeks. Today, we have options expirations. Back in 1998, two days before options expiration day and in the midst of the Long Term Capital Management (LTCM) meltdown, the [...]