must agree with highlandlad, although it is great to see a positive night in the US but there is some worrying signs in regards continued dissapointing economic data and the late bout of profit taking puts into question short term market direction.
while yesterday was a great day for the rebound trade, today with a positive lead from the US the best trades are likely to be momentum trades so keep an eye out for any unusual volume increases.
I maybe a little quiet this morning as my ADSL connection is running incredibly slow, bloody bigpond, hopefully they can sort it out before 10am.
