Watch the Transports

11/07/2008 9:54 am EST

Focus: STRATEGIES

Thomas Aspray

, Professional Trader & Analyst

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The heavy selling in both the US and overseas markets suggests we may see a test of—or a break below—the recent lows. Both the Transports and Industrials are still above their lows, but if we do see new lows in the Industrials, keep an eye on the Transports to see if they make new lows or not.

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