Thursday, March 6, 2008

Narrow Range

The market ended flat closing with another narrow range bar. This kind of action could bring an expansion in prices very soon. Volatility will increase as we are getting closer to the same-store sales report and the labor datas. It remains difficult to make money with this market and the bad news are that there are no signs of improvements, at least in the short-term. Patience is still needed in this ugly environment. Here an interesting chart:
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[Source: The Money Blogs]

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