Thursday, 29 November 2012

1pm update - What is best in life?

The market is getting moody, after the US politicians are again seen as nothing less than squabbling little children. A few more days of this, and the mainstream consensus may shift to realising no agreement will be made this side of Christmas. If that is the case, we'll be quickly back <1400.





Bears need to break the rising hourly 10MA @ 1407/08.

A close of 1405/00 would be preferred, but so long as don't break >1420, I'm very content with how things have turned out.

I remain short, and seeking my first exit either tomorrow or Monday, somewhere around 1400, or under.

What would be best in life..a Monday collapse into the sp'1200s. I can dream, right?

back at 2pm