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  	OPTIONSMART MORNING UPDATE: Slammed on weak new home sales
  1. OUTLOOK: Investors question strength of the economic recovery. Today's reading on gross domestic product growth is the key economic event of the week. GDP is expected to have grown at a 3.2% annualized rate in the third quarter.The weekly jobless claims report from the Labor Department is also due in the morning. QQQQ's implied volatility inched higher signalling about growing concerns. However, the market looks deeply oversold short-term and should find a support at these levels.
  2. TRADING OPPORTUNITY:  Buy dips
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  October 29th, 2009 at 6:14 am

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