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| Monday, December 11, 2006 |
The NASDAQ Composite Index seems poised to test the multi year highs set at the end of November. This one year chart shows the index making a nice bounce off of the 2350 level which was previously a spot of overhead resistance. With continued positive economic data, as well as M&A developments, the index could make a run toward 2500 before the end of 2007. |
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