Hi everyone - new to the DJIA thread but been reading for a while. For my 2 bobs worth I look at the FOREX (USDJPY, AUDUSD, AUDJPY etc) for risk tolerance and expectations (the FOREX guys always seem to have info before the Equity players). The USDJPY is holding/moving up with the AUD after the jump on the WSJ announcment still holding ...
Futures indicate a nice jump and they have been fairly reliable lately - however in the end it will depend on what the gov't comes out with ... if nothing we will go back to the technicals I would think, which aren't good ... after saying which I am long biased into the US mkt tonight expecting some resolution to the banking problems soon ..
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