Markets Remain Flat With Low Volume And Sideways Trading
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January 22, 2013 - 12:06pm
Midday Market Commentary For 01-22-2013
Very bullish and very overbought is one way to describe the market based on the S&P. I would be very careful on any positions taken right now. Personally, I need to see where the markets are going to go in relationship to the current resistance levels.
By noon we were right where we started this morning except the volume has fallen off. Flat, mixed and lackluster.
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