Wednesday, August 27, 2008

Morning Review - 08/27/08


I was having doubts about the market turning bullish in the first 30 minutes of trading, but it finally did after 1000 ET. The market turned slightly bearish at 1047 ET as the market approached the European close.
Volume in the US markets will get lower and lower in the next few days as traders take one last summer vacation as we approach Labor Day on Monday.
Charles

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