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Wednesday, August 02, 2006

Rebound

The market managed to build a rebound following a two-day slump. While the gains were faded on heavier volume late in the trading session, in this environment I'm sure everyone is just pleased to see a positive close.

End_of_day_chart

The true test will come shortly as well navigate through a number of economic reports ahead of the Fed. Obviously, anything that points to a pause will see a positive reaction and vice versa. Now, if only I could get Bernanke to send me an advance copy of those numbers I would be set!

As always, I hope the week is going well for you.

Posted by Kirk at 6:42 PM in Review | Bookmark | Feeds | Link |


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