Daily Commentary 25 Dec 2008

After The Close, 24 Dec 2008

Merv’s Daily Uranium Index
Market Data

Open: 109.47
High: 111.34
Low: 105.90
Close: 109.38
Volume: 2304

Note that the volume is an average volume of round lot sales for the 5 0 component stocks. For total volume, multiply by 5000.

It seems the market is on a holiday schedule. Over the past few days nothing much important has happened with the Uranium Index. It has gone down a few points but it’s not much on the chart.

With the week action there is nothing much to report except that for both the intermediate and short term the ratings are now BEARISH. I will try to post during the week-end and a post or two next week.
Have a Very Merry Christmas and a Prosperous New Year.