US perspective--01.12.09
Courtesy of www.thejacobsen.com
Market activity and analysis
The Jacobsen was closed November 26-27 for Thanksgiving. As a result, the report covers Monday to Wednesday trading for last week.
The market was very quiet on Monday. Trading was light (three trades), but that’s typical for a Monday. Trades on Tuesday were mixed with a few reports rolling back in prices and a couple up. An HTS high was reported at $64 and HNS at $53.50. Most people were saying that the market was quiet.