Monday, January 7, 2008

Choppy Action

Markets were mixed on light volume in an almost illiquid action capped by a substantial rally off the lows twenty minutes prior to the close. Bears continued to score as DJI, SP500, and the NQ100 slumped into new lows for the current move. Fed speak will be a part of the week's trading environment.
Tags SP5oo 1420.25 1418.25 NQ100 1974.25 1963.75 STI(Down)