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  1. Support holds, reversals


    Stocks opened lower and the early action did not look good, but there was some strong support below that we speculated the dip buyers may be interested in, and it turned out that they were. The indices had already bottomed when the Fed's FOMC meeting minutes were released, but investors were not discouraged by what was said. The Dow gained 22-points, which was about 100-points off the lows.

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