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Bulls have to overcome EcB and NFP this week and
then the FMOC the week after.If they can then seasonal factors like Santa and
the push for a good bonus are likely to see
the US at new ath’s and Ftse above 6600.Never give up, never surrender.
To me it’s too risky for positional trades but I do
think that January will see QE exhausted, rates
on the rise and stocks finding a cit.Here and now I just have a 10pts a day Ftse profit
target to maintain. That’s good enough for me.Never give up, never surrender.
COMEX
wow! Not much left…. At this rate they will run out and default by mid December. There again could they just force settle in paper…dunno, but could get v interesting v soon.
They need Tony Hadley singin bout the yellow metal again to get it back in fashion
I might release it myself!!
Ftse closed at 6420 and is now 6390 and falling so
the thursday opening moves should be fun.Don’t forget we have the EcB thursday and NFP friday.
Is the current US drop due to Fed speak re rates or
the algo’s clearing out the stops of those who
went long on a breakout upwards.
I think the Fed will raise rates but it could be at
very small amounts with months in between.
As for longing the breakout upwards, the very
idea seems strange to me.Never give up, never surrender.
So we are to bomb Syria.. oh dear. What a sad day…
The peoples(or atleast the ones with guns)of that region
want to kill each other, so I doubt what the UK does
will have much impact on the outcome.Never give up, never surrender.
Ftse bulls need a good EcB reaction at midday to try and
spike towards 6500 if they want a 6600 test this year.We get many fake moves and sometimes these come
just before we get the real move that sticks.Ftse retesting 6600 is still my prefered test pt
but my focus is just +10pts a day, up or down.Never give up, never surrender.
Aye…I can’t see what “Death From Above” is gonna achieve on it’s own. And this talk of arming 70,000 so-called “moderates”. Jeez, we just don’t ever learn from history do we?
There’s gonna be a lot of busy places in UK in the run up to Christmas. I truly hope nothing Paris-style kicks off.
Aye…I can’t see what “Death From Above” is gonna achieve on it’s own. And this talk of arming 70,000 so-called “moderates”. Jeez, we just don’t ever learn from history do we? There’s gonna be a lot of busy places in UK in the run up to Christmas. I truly hope nothing Paris-style kicks off.
you can’t help but think something will. Hope not…
markets – Draghi in a bit… More QE!!?
This is worth a read…
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