Stock indexes up a bit on light volume, Gold up again
Posted in Baltic Dry Index, Gold, QQQQ, SPY on Oct 29th, 2007
Stock indexes put in a mildly bullish, narrow range, light volume day ahead of the Fed rate decision due out on Halloween afternoon. Gold was up again on anticipation of the never ending decline in the US Dollar. On the chart to the left in the upper graph you can see the same broadening formation [...]