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Monthly Archives: December 2005
QQQQ looks bearish. It seems that a lot of money is moving out (a lot of selling). I actually closed all equity positions in 401(k) two weeks ago, that is 100% cash. What’s ahead for the new year? Don’t know yet.
Russell 2000 and Dow Jones Average
IShare Russell 2000 ETF (IWM) shows a pullback into the support area. Let’s see if this uptrend line holds.
DOW Jones Average seems to be testing the support area.