It was another day of flat action and Fiscal Cliff talk as the bulls and bears traded light blows for much of the session. The bulls made a slight run to greener pastures at the open but the initial pop faded like the sun as the bears fought back to get their second-straight Monday win.
The Dow dropped 60 points, or 0.5%, to close at 12,965. The blue-chips kissed a high of 13,087 before falling triple-digits from its peak to a low of 12,959. The index is still 1% away from giving us a bullish or bearish clue as we wait for 13,200 or 12,800 to trip.
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