Thursday, January 24, 2008

US Market Summary 23 Jan 08

Dow 12,270.17 +298.98 +2.50%
Nasdaq 2,316.41 +24.14 +1.05%
S&P 500 1,338.60 +28.10 +2.14%

Talking about volatility, DOW did a big U turn from a low of near -300 to a positive of near +300.
Prepare to see the Asia market rally today as it might be able to sustain until Friday.
Same advice as always, buy at the opening and sell before market close, do not take overnight positions as you do not know when US will do another reversal.

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