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12/18/08 12:59 PM

#22359 RE: tregaron #22358

Tregaron, Any thoughts on where the market goes from here? Any strategy/sector ideas?

A lot of stocks/sectors seem to be near-term overbought/spiked out. I had been figuring the overall market could gravitate higher as we approach inauguration day in late January (Dow to the mid-high 9000s). But now it sounds like the government may let the auto industry go into bankruptcy.

Do you plan to stay long, or are you trading the current market rally? Thanks.