Tuesday, November 4, 2008

Quiet But Up

Indexes continuing to build a base off of the October 10th and 27th lows. Volume is light and the volatility has been substantially lower in the last five trading sessions. This is not what the technical bulls would like but it beats death dives every other day. Pricing is a large component along with lack of any real liquidation. Selling is in on the horizon however as there are legions waiting to sell decent gains.