Markets Slide Sideways Remain Flat And Directionless
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January 30, 2013 - 12:22pm
Midday Market Commentary For 01-30-2013
By noon time the markets have done absolutely nothing except melt sideways on low volume. Now the averages have moved from the flat green side to the flat red side after a feeble attempt to best yesterday's highs.
The trend, if you can call it that, is down and suspect we will see more sideways movement with a possible decline by the end of the session. I really do not know what is holding this market up right now, except for the HFT algo computers.
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January 30, 2013 - 12:22pm
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