Monday, 25 November 2013

Closing Brief

The main indexes closed mixed, sp -2pts @ 1802. The two leaders - Trans/R2K, settled +0.3% and -0.01% respectively. There is near term opportunity for 1-2% decline, but even if that occurs, there remains relentless upside into December..and early 2014.



*certainly, a somewhat weak closing hour, and it bodes for a weak Tuesday..and probably also Wednesday.

Overall though, a quiet day...for what will likely be a quiet week.

Ohh, and with such light trading, it will be laughable if some of the bears get overly excited about a 0.5/1.0% decline.

the usual bits and pieces across the evening.