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Monday, October 29, 2007

Where's The Muzak?

We seem to be on hold here. Volume is low, not much movement. Small and mid caps were weak, large caps relatively strong. It appears we are on hold, waiting for the Fed.

I noticed the VIX stayed positive most of the day. Does that have any significance? We shall see.

Gold breaks out again. It seems a bit overbought here, but it can stay overbought for quire some time.

For my Canadian readers, your dollar is kicking our dollar's butt. Do you guys do foriegn aid?

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