Saturday, January 5, 2008

Will A Small Win Put The Bulls Back On Top?

Thursday left a mixed close across the broader markets on slightly lighter volume. Volume just under paced yesterdays, but it did show a digestion day from yesterdays big expansion range. The Nasdaq Composite did close red and the S&P 500 closed with no change leaving the Nas 100 and Dow to close green. Overall was just a very narrow range day leaving many inside days in the broader markets and even key sectors. Gold rallied again today to close up $8.80 at $868.80 an ounce and oil closed down 44 cents at $99.18, after hitting $100.05 after the inventory data rel[...]

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[Source: The Money Blogs]

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