Steven Towns

Friday Outlook: Watching Paint Dry

Couldn't agree more David. In fact, we saw some serious window dressing in Japan and across Asia today. Very appropriate for Japan given its fiscal year-end on Monday. A/D was very strong and volume recovered on a jump in foreign net-buying, including a reported influx of long oil money. Still, there was quite a large intra-day spread. Will be interesting to see what happens from Tuesday.