Market Analysis For August 28, 2009
Monday, August 31st, 2009 at
5:52 am
By John Pisanchik
The market stalled this week after the run up from the previous week. The intraday high on the S&P Cash Index was 1039.47 on Friday. There should have been some additional strength to the market, however with summer doldrums caused by vacations and uncertainty, we will probably continue to see a choppy market.
This coming week, I would expect much of the same as this past week. One day down, the next up, and just plain chop. This is the time of year to enjoy the beach. Happy Trading.
Filed under: Market Opinions
Like this post? Subscribe to my RSS feed and get loads more!
Leave a Reply