Market Analysis for Sep 13th, 2004

For today's Mid-Day Minute, Mike writes: Here is a look at the E-mini S&P since this morning when we got stopped at the first hour "swoon low" at 1124.50 ... which shows that the index continues to grind higher towards my original, optimal target zone of 1128.75 to 1134. Although I am disappointed that my stop got clipped a couple of hours ago, if I was still long I would have cashed out of this position above 1129 in anticipation of an approaching pullback.

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