Jason over at SentimentTrader.com has put out some interesting stats this morning. Considering his musings and the fact that China is in the process of breaking down, I will probably call the Santa rally over (for me) if SPX breaks below 1112.
Everything is so thin this time of year it doesn't make sense to do much... certainly nothing big.
Crude is up a percent today waiting for an expected bullish inventory report.
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