A very quiet pre-holiday trading session in Wall Street with not much to report. We observed some activity on the option market with a bias towards calls buying. It becomes more and more difficult to anticipate the short term moves as trading activity is going to slow down towards the end of the year as options and futures strategies are going to be settled Friday for the last expiration of the year. Ideally, a slight consolidation would be welcome with a possible setback towards the 3150 area.