Wednesday, December 23, 2009

Today's Market

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Anyone see any pattern? Anyone? The answer is there is one. This is the primary reason the market has me concerned -- we are essentially directionless, trading between several points. There is some good news in this -- namely, we're not engaged in a massive sell-off. That tells me that so far, traders aren't concerned about a big economic fall-out. However, we're not moving higher either, which tells me that traders are waiting for ... something.