Anewstart, regarding the US summer holidays, the schools there seem to break at different times between May and September. The summer months on the US market are definitely slower, so that goes some way to explaining the decline in trading volumes on US markets recently. However, we're not into the real summer doldrums yet - July/August - so the fall in volumes is troubling for market bulls. Suggests a lack of conviction in the markets at present. Not that surprising considering how hard markets have run since March. I'm fairly bearish in the short term but eternally optimistic.
Four successful bounce trades this morning in AGO, MCC, SRL and ESG. Also break-even in BTA and looking for a recovery along yesterday's lines.
