Market commentary for 10/01/2007 Good day! There is not much to say about Fridays action. It was the last day of the quarter and I didnt expect any different action then the last few days. On the 60 min charts we can see that all the Indices stayed in their consolidation areas. The DIA closed the strongest near highs and the triangle pattern looks very nice for a possible breakup. The QQQQ was the weakest and closed under its’ 20sma. We had a difficult market last week and that is always the case when the direct[...]
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[Source: The Money Blogs]
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