What to Look For

After the free fall to the lows of 10/10/08, the market has traded in a range. See the above chart. For the Dow, the intra-day low was 7882 and the intra-day high was 9794 (see the bold white lines.) News has caused the market to react, mostly overreact, both up and down, but it's all been in this range.Until the market decisively breaks one of these levels don't get too excited about anything.