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Monday, December 24, 2007

The Dow up 98 on holiday light volume. Advance/declines 3 to 1 positive. The Christmas rally continues. Gold was up a buck and the XAU rose a point. ABX and NEM were mixed. GE was up around 40 cents on light volume. All in all we are overbought here, however the summation index is pointing to the upside. It should be a light volume week with an upside bias. That's my guess for now. Merry Christmas and Happy Holidays...

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