Monday, December 06, 2004


The Dow closed down 45 points, a down day as predicted. As I mentioned on Friday, a big down day should be tomorrow or Wednesday. We'll see how far down after we get another "indecision point" or short-range price bar.

The bars are still green, the proprietary averages still up, but only a thread is holding the stock market up. Look for a bad couple days ahead.

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