Choppy sideways to down move over the next 2-3 trading days is all i can see here. Nothing exciting. Another boring friday afternoon....??
Sideways consolidation
Started by
NAV
, Sep 14 2007 12:46 PM
1 reply to this topic
#2
JAP
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- Traders-Talk User
- 575 posts
Member
Posted 14 September 2007 - 04:31 PM
Choppy sideways to down move over the next 2-3 trading days is all i can see here. Nothing exciting. Another boring friday afternoon....??
I don't think "consolidation" is the way I would describe it. It's more like everyone holding their breath waiting for Tuesday. This weeks volume has been pathetic.
It would be funny if the FED did NOT cut the rate. Then, there certainly would be a nice down move.
