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A lot of traders have focused on the Saudi market having fallen...

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    A lot of traders have focused on the Saudi market having fallen around 5% on Saturday.

    It turns out that

    "the Saudi market was closed on Thurs & Fri so hence the larger decline - it was playing catch up......."
    from vv26 in the XJO thread

    Points to argument that we are at or near market bottom.
 
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