Markets Opened Down On Light Volume
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January 7, 2013 - 10:15am
Opening Market Commentary For 01-07-2013
Premarket was down as summarized after closing on Friday. In an unusual sell off in the Friday's aftermarket there was every indication we would see at least a small downward movement at today's opening
Today's session opened down close to Thursday's low mark setting the limits for a sideways track for several sessions before Mr. Market's next move, which I believe will be upwards. By 10 am the averages settled down and the dippers moved in for a bit of bear sandwich melting the averages off their morning lows.
Read more »Original post blogged on b2evolution.
January 7, 2013 - 10:15am
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