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Monday, August 30, 2010

Light Volume is expected for the week

We have the Labor Day weekend coming next Monday, some traders may decide to go on a vacation. We also have August's job report this Friday. The markets should be trading on light-volume until that job report.

There could be a spike/dump late on Thursday's trading session as traders will not want to hold into the job report. And another spike in volume on Friday morning when the report is released and then light volume should resume thereafter.

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