Tracking the Dow movement on Friday.
The Dow slide nearly 60 over points during the first hour of trading in reaction to the commentary by Allan Greenspan on the health of the US economy which is heading towards a recession.
But traders on Wall Street are putting this news aside and are bullish towards what the Fed will offer to another rates cut at the FOMC meeting later end of month.
The Dow close with a white candlestick depicting that the bullish strength is still intact.
The super DOw is still resilient and managed to hold on to its strength on this last day of 3rd Quarter.
Both the candlestick were formed side-by side and its a profit-taking.
Traders are betting on any hints at FOMC minutes reading on 9/10/07 Tuesday with regards to rates cutting again.So meantime the index will be holding around this range.
![[Most Recent Quotes from www.kitco.com]](http://www.kitconet.com/images/quotes_special.gif)
![[Most Recent Exchange Rate from www.kitco.com]](http://www.weblinks247.com/exrate/24hr-euro-small.gif)
