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Play Editor's note: We are starting to worry about the major averages. The Dow Industrials and the NASDAQ composite's initial bounce from their 50-dma this morning appears to have failed. Meanwhile the S&P 500's rebound this morning turned into a bearish failed rally under its 50-dma. This week is not shaping up well for the bulls. Are the fund managers going to forgo any window dressing this week or are they just waiting to hear from the FOMC?

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