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New 20-day Lows Back over 2,000
By Rennie on Wednesday, January 27th, 2010 at 3:35 pmJust a quick note that new 20-day lows are back over the 2,000 level for the first time in three sessions. As outlined in this column from Sunday, that usually leads to short-term weakness, suggesting we may want to see if that weakness develops on Thursday before trying to pick a bottom.