Tuesday, December 07, 2004

***Alert***

There will not be a Mid-day Report today as I have a scheduling conflict. The Tuesday Close will be posted at its regular time. Sorry for the inconvenience. I have exited a number of long positions in various sectors as they hit my stops, thus leaving the Portfolio 50% net long. Today's action is negative and I expect further near-term weakness before another rally commences into year-end.

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