Markets Open Up On Low Moderate Volume
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January 9, 2013 - 10:13am
Opening Market Commentary For 01-09-2013
Premarkets were up a bit and not unexpected as I am expecting this trend of a tight and narrow trading range to continue for a couple more sessions. A break out, if anyone can call it that will be subtle but positive as Mr. market grabs for the last gold ring. Just be on the outlook that there may be a few more rings to grab.
Markets opened on moderate low volume mostly green and by 10 it turned to red, then back to green as the 'dippers' are convinced now is the time to buy. I expect some more weakness to creep in before the day is out.
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