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Wednesday, December 17, 2008
A day of rest
The market has reestablished the 885-920 trading range in which it fluctuated during the December 8-11 time frame. This time I think the breakout will be to the upside. Today was a dull day with little significant volume on either side of the market. I think tomorrow will be more active and will probably be the day the market breaks out decisively above the 920 level.