Monday, 29 September 2008

Morning Call by Greg Secker

The Dow Jones ended the day on Friday, up 121 points at 11,143 after a late rally to end the week. Look to the break of 11,200 and 10,900 for early direction. With only low to moderate strength news out today look to further consolidation of the rescue plan for positive market movement. The FTSE ended down 108 points at 5,088 and with only minor news out at 9.30 am British Summer Time the early moves will be determined by Friday’s close on the Dow but look to the break of 5,050 and 5,200 for direction. Have a great day’s trading and I will speak with you tomorrow.

No comments: