Expect a pull back to fill some gaps and possibly hit the 5% retracement. The market is looking for a pull back to buy stocks at a discount. How much is lower is unknown. History has the market going higher this time of the year until about the third week in January. So I don't expect this to last long. Get short the major indices as a hedge against your longs is you did not exit our longs.
Have a list of stocks ready to go long when the market turns up.
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