Nice sideways action today as we continue to consolidate from the big
move early in the year. The stock market basically finished flat on the
session with the Nasdaq and Dow Jones Industrials posting small gains.
Short term momentum is flat and the long term is still rising. We are
still significantly above the value zone of 1453 so this smaller move
pattern may continue.
We are moving to stockmarketandi.com. We will continue to post through the end of January at which time we will transition to the new site.
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