December 11th, 2008. Equity market failed to break out the 900 level this morning as investors concerned tomorrow's retail sales number, market quickly retreated and broke intraday 884 support, headed south to welcome the US auto bail out plan rejected in the Asia-Pacific session, S&P futures tumbled more than 4.5% pre-market. However, as all the negative news came out already, I expect 816 area to be relatively strong support.
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