Most of the time i've seen action like this it results in SERIOUS down side in the very near future.  The only anomaly this time is that so many stocks are already beaten up pretty bad (wouldn't know it from the indices).  I guess they will get the rest (AAPL,MSFT,BA,COST, W A T C H).  We're still up for Q3 (marginally) short of a huge drop on Monday.  If we close out Sept. green I'm betting on

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