Thursday, December 27, 2007

Surviving The Rest Of The Week May Require Some Sit Time

Wednesday brought the 5th lowest volume day of the year for the NYSE and 4th for the Nasdaqyuck! Disappointing retail sales kept the broader markets red until a late day boost pared the losses to close in green territory eking out a small win. Gold moved higher throughout the day to close up $13.30 at $829.80 an ounce and crude up $1.75 a barrel to $95.88. This action is not only lackluster it just isnt moving with enough momentum or volume to trade. There are VERY few days like this, but when they come around it is best to sit [...]

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[Source: The Money Blogs]

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