Thursday, November 09, 2006
Not Much Change After All
As predicited the markets got off to a rough start after early opening on concern that the Demococrats would ruin the US economy. Then after some thought traders realised that nothing was going to happen for the next two years and the markets recovered.
The Dow added 19.77 points on the session to close at 12,176.54, a new closing high. The SPX gained 2.88 points to finish at 1,385.72. We are still nicely in green. A small drop today would set us up very nicely for the last trading week.
Until next time.
The Dow added 19.77 points on the session to close at 12,176.54, a new closing high. The SPX gained 2.88 points to finish at 1,385.72. We are still nicely in green. A small drop today would set us up very nicely for the last trading week.
Until next time.
