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	<title>Comments on: Looking to a positive open</title>
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		<title>By: Sean Hannon</title>
		<link>http://www.stocktradingtogo.com/2007/11/23/looking-to-a-positive-open/comment-page-1/#comment-35083</link>
		<dc:creator>Sean Hannon</dc:creator>
		<pubDate>Fri, 23 Nov 2007 13:52:38 +0000</pubDate>
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		<description>Jorge,

I think there are two factors.  The first you nailed - it is a shortened day without a lot of volume.  Over the years this has been a positive day because it is easy to drive the market higher on light volume.  Second factor, which I think will carry into next week, is the markets have been fighting the August lows and finally gave up.  This sets us up for a longer downtrend.  I think the bears will relent, the bulls will rally and say the worst is behind us, then we head lower.  It is a trap for the bears to suck more money into this market before pushing us lower.</description>
		<content:encoded><![CDATA[<p>Jorge,</p>
<p>I think there are two factors.  The first you nailed &#8211; it is a shortened day without a lot of volume.  Over the years this has been a positive day because it is easy to drive the market higher on light volume.  Second factor, which I think will carry into next week, is the markets have been fighting the August lows and finally gave up.  This sets us up for a longer downtrend.  I think the bears will relent, the bulls will rally and say the worst is behind us, then we head lower.  It is a trap for the bears to suck more money into this market before pushing us lower.</p>
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		<title>By: Jorge</title>
		<link>http://www.stocktradingtogo.com/2007/11/23/looking-to-a-positive-open/comment-page-1/#comment-35080</link>
		<dc:creator>Jorge</dc:creator>
		<pubDate>Fri, 23 Nov 2007 12:29:53 +0000</pubDate>
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		<description>Curious question.. will we be up today solely due to the fact that it&#039;s the Friday after Thanksgiving and most of the heavy hitters are on vacation?  I would expect volume to be extremely light today which might result in a positive, but false, close.</description>
		<content:encoded><![CDATA[<p>Curious question.. will we be up today solely due to the fact that it&#8217;s the Friday after Thanksgiving and most of the heavy hitters are on vacation?  I would expect volume to be extremely light today which might result in a positive, but false, close.</p>
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