Friday, December 07, 2007

13,750 Give or Take

We had technical difficulties last night--internet was down--so no Update.

The market has come up to the area we have been talking about, give or take. With the FOMC next week, it might try to hold on until then with an upward bias toward that 13,750 mark in the Dow.

The jobs' report came in just a bit over expectations but not much. As expected, at least as we envisioned it last night, the market didn't react much to the news. Now, as we write, the market is pretty flat.

We'll be back Sunday evening for Monday's post.

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