Markets Stopped Advance At 10 AM and Slide Sideways
From Econintersect Combined RSS Feed
January 2, 2013 - 1:27pm
Midday Market Commentary For 01-02-2012
By 1 pm the averages were trading in a narrow range and on anemic volume. This interesting because the ma and pop cash crowd left the market 2 years ago basically leaving the large institutions and major investors. So it appears that everyone who is left went all in today using their cash reserves. These isn't any new investors today so what is going to happen over the next week or so? The markets may just continue to sail along sideways like we have seen recently or watch a waterfall when the first bad piece of news comes along.
Read more »Original post blogged on b2evolution.
January 2, 2013 - 1:27pm
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