Wednesday, December 10, 2008

Rolling Over?



Little accomplished in today's action in either the indexes or economic events. Big 3 are going to get a small stipend and hope the rest will come later. Treasuries in the three month variety still a virtual zero and stocks slept on low volume.

Market timers will be looking for big volatility next week as the cycles start setting up for end of year marks along with the normal end of quarter positioning.

One of the indicators looked at here is starting to roll over but has not made new lows as of yet.