Tuesday, 26 May 2009

Fun day

How bizarre- the F tanks, then finds support at 4300, shoots up and ends up about 50 as the US reacted to a 'survey' of consumer confidence. So 20 'domestic engineers' on Prozac move the world's markets.
Of course the markets trade 6 months ahead, and this is just a coincidence.
I may have missed the long trade for this week, so wait until it looks like a short term top.
June is a bad month statistically, Murphy's Law or rather the Fed's trillions might prove otherwise.

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