The Fred Report - Mid Week Update December 8, 2010
We remain bullish through the end of the year and see fairly strong potential as many portfolio managers are lagging the market and have to buy to show performance. There is a fair amount of resistance here – and some choppy trading would set up a strong expiration next week. Tech, which has been a leader all year, has suddenly started to lag. Gold is running into resistance in this area, as are mining stocks.
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