Strong day for the bulls as we got some lift after the recent
consolidation. The stock market started strong and then rallied to 1484
before finishing off the highs at 1481. From here we may be getting a
little ahead of ourselves. The short term indicator for the S&P 500
is a bit weaker and the small sell off at the close suggests we may
have topped off. We may retreat a little from these levels as the value
indicator tries to play catch up from its current 1463 level. Long
term still attractive, I may be buying on a dip with some of my cash.
We are moving to stockmarketandi.com at the end of the month. We will dual post until the end of January until we fully transition to the new site.
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