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Today's market stats 12/04 - Markets closed slightly lower from yesterday's close. There was a dip in the morning and then the markets recovered due to some rumor that QE was to be announced by EU zone. The breadth was negative - more than 2:1 on the NYSE and AMEX and 6:4 on Nasdaq (Decliners vs Gainers). ISEE ratio closed at 92 indicating more puts were being traded. Tomorrow is the big jobs number - we expect around 240K+ - due to holiday hiring. We are still holding all our positions - short AEM, YHOO, DAL, IBB and long WSM, BIS, TWTR. We went long JRJC today for a short term trade.
Good luck trading
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