Wednesday 13 November 2013

11am update - no downside power, urghh

The main indexes are battling back, with the bears only able to manage brief declines of 0.5%. The two leaders - Trans/R2K, are already slightly green, and even without the QE, the bears are really looking weak again. Truly.. frustrating for those meddling in this.


sp'60min



Trans


Summary

Not much to say

This morning is exactly the reason why I will simply not get involved in trying to short this nonsense. Complete..waste of time, never mind the $.
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The Yellen monster will be the focus of attention tomorrow. Effectively, her job interview on live TV.