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Jerry Samet
12-30-2011, 12:20 AM
The market reversed yesterday's losses today with the major averages up just over 1%. Volume was slightly lower than yesterday across the board, so the rebound was on less volume than the sell off. Leading stocks rose less than the overall market as the leaders index was up .74% on higher but still well below average volume. We continue to whip saw back and forth and will likely not get any meaningful action until the new year begins next week. Jerry