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Morning Call Express: Should Traders Hold the Phone For Facebook (FB)?

Scott Redler, Chief Strategic Officer of T3Live.com, and Brittany Umar Samp;P 500 (SPX) talk about how to handle your positions amid chatter that the market is entering correction mode. They look at the charts for the Russell Index (IWM) and Transports ETF (IYT), discuss how Facebook (NASDAQ:FB) is doing before its phone event today, and weigh trading strategies for Apple (NASDAQ:AAPL).