Saturday, January 20, 2007

Some Next Week Look Ahead

All in all it wasn't a bad Friday for the stock market with the Dow only giving back 2 points and the Nasdaq climbing 8 on the day but losing 2% for the week. At least the Nasdaq was able to hold support at the 50 day moving average.

Crude rebounded back to $52 on the expiring Feb contract and gold surged $636 as the dollar continued to flounder. I will have much more to say about the markets a little later this weekend as I get my batteries recharged.

1 comment:

GSIFS said...

Dear Boarder Administrator,

This is M.P. form GSIFS. We would like to have a cross link to your site so our readers can directly go to your site and read the articles. May We establish such a link. We would also be obliged if you could give us a link to our site on your site. We provide indian stock market analysis and recommendations.

Co-Founder, GSIFS