Friday, March 28, 2008
Day Summary
Another very low volume day, its barely spring but it already looks like dog days of summer in markets. The volume is running so thin, I guess every one is waiting on sidelines. For very short term I expect further downside in markets probably around 12075 for Dow and 1295 for S&P where they could find some support. I might buy some DIA around that level with a very tight stop. Still keeping an eye on RYL and WMT to get in, have my order in lets see if it gets filled next week or not. Gold is not able to rally even on Dollars slide and gold might consolidate now for some time. Nat gas still looks good it didnt come to my point today may be I will get a chance next week.
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