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We got some follow through on the downside after Wednesday's negative reversal day. A midday rally was impressive but it ran out of steam in the final hour of trading. Stocks closed off their lows making for some interesting formations near some support, so today's options expiration Friday should be interesting, as usual. The Dow lost 252-points. Small caps lagged, and more weakness in the dollar saw the I-fund hold up well again. Bonds were down as yields were up slightly.

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