The Fred Report - Mid Week Update December 8, 2010

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We remain bullish through the end of the year and see fairly strong potential as many portfolio managers are lagging the market and have to buy to show performance.  There is a fair amount of resistance here – and some choppy trading would set up a strong expiration next week.  Tech, which has been a leader all year, has suddenly started to lag. Gold is running into resistance in this area, as are mining stocks. 

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