End of quarter window dressing is starting to warm up and you can see it in the closing action. Greenspan has little to do with it, funds are just cooking the books and weak shorts will get a scare, but the outcome should still be a test of August lows once we get past this week. Bears had their chance but now it's too close to the end of the month. It might have to wait a little. There is of course a chance that the window dressing will be more like an undressing. Only time and the tape will tell.
Oil inventories are up tomorrow morning, but watch the closing action and volume.
Oil inventories are up tomorrow morning, but watch the closing action and volume.
This entry was posted
on Tuesday, September 27, 2005 at 10:29 PM.
