Monday, December 20, 2004


Is 11000 on the Dow the new target? More sideways movement occured today, with the DJIA closing up almost a dozen points. Going toward Christmas this Saturday, I don't expect any dramatic moves, with a slightly positive bias. After sales figures come in next week, we may see a little bit of a move, but still, it's the end of the year and not much buying or selling will happen.

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