Securities Research Services

Thursday, December 21, 2006

Rangebound Through the Holidays

Yesterday the market was forced to digest the idea that the government's war on terror – a war that has now lasted longer than WWII – will go on perpetually and will cost trillions of dollars and countless lives. It's a complicated situation and one that will take a while to sift through. For now we find ourselves stuck in a trading range which is likely to last through the holidays.

QQQQ Range: $43.35-$44.75

No comments: