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Play Editor's Note: The oversold bounce occurred a bit sooner than I expected but it's still just a bounce. The bullish trend from the August lows has been broken. I haven't read tonight's market wrap yet so I don't know what their trading bias is. It wouldn't surprise me to see the market bounce for another day or two and then roll over. Nimble traders could try and scalp a few points in their favorite equity as it bounces. Stocks may eventually trade sideways as we near the Fed's two-day end of October meeting on interest rates.

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