Sunday, December 28, 2008

Low Trading Volume

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One short trading week on light volume is behind. Another short week is still ahead. As a rule, Holiday season is marked by low trading volume and the current period is not an exception. Last week in my "Index Analysis" post I have mentioned a possibility of move down - that what we have got. Now the situation is a little bit opposite and I would say that looking at my technical analysis I see some higher odds of move up. Again, the same as last week I did not expected strong movements, I would not expected a strong rally during the next week either, mainly because of light trading volume.

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