I would be surprised if that narrow range holds up over that time frame, however, since the upper bias has been in play for such a long time a year end consolidation could be very goods for bulls. I think the tax loss candidates could present some very good buy oppurtunities.
Zeev, I was hoping for an excursion lower yesterday, but it was not to be. I went long in the final half hour at around 1890 [same area I covered shorts on Wednesday]. Let's hope for a turkey week rally. Hoping that I won't be the turkey! Have a great weekend.
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