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Thursday, November 15, 2012

Bears in Control, STI new Low

The US market was selling hard last night, on fears of  Fiscal Cliff which will start automatically start from next year, if there isn't any solution come out before that.

STI gaped down on open to its four months low, currently at 2954, down 23 points. STI already broke down from its consolidation, further downside is expected.

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