p$$$$$$$ ~ still holding ?

• Obama Financial Reforms Advance in US Congress

  The Obama administration made gains in its push for U.S. financial reforms on Tuesday, unveiling a landmark bill to tackle systemic risk in the economy. Wed Preview: Pause in Carry Trades Could Boost Dollar The floor under stocks feels a bit shaky, and the market could give way to more profit taking this week. Dollar Carry Trade Could Cause Big Pullback We are in Mother of All Carry Trades: Roubini Simplify, Don't Add to, Bank Regulation

• Worst of Global Crisis Over: Australian Central Banker
• Former AMD CEO is a Galleon Source: Sources
• Fed Unlikely to Shift Its Thinking on Interest Rates
• Democrats Agree on Home-Buyers Tax Credit: Dodd
  • Home Prices Rise in August
  • Hedge-Fund Mansions On Sale

Markets bounced off from the noted 1060 support. With expected 4 of 3 of 3 of Int. 1 of P3? SPX 1047 50ma pivot. Intraday is oversold, however, we have not seen a profit taking momentum yet. The downside momentum of Wave 3 is still plugged by the FED?

$COMPX 2116.09 -25.76 -1.20% 2,376,872
$INDU 9882.17 14.21 0.14% 1,385,948
$INX 1063.41 -3.54 -0.33%