tuesday and the meaning of life, page-62

McLaren this evening expressed his opinion that 883 and 879 probably wouldn't hold now and next stop 847, reason being that last night went to a new low in 2 days from high and that suggested fast trend down. Perhaps one day up then down we go, so says he who has 35 or so yrs more trading experience than I.

I'm standing aside until it plays out as for a rare moment I think the index is in better shape than the majority but I got stopped out yesterday and once is enough for me to leave it alone for a spell.

Perhaps it is that I'm saying too much and having taken a position out in the open want to defend it without proper reason. My objectivity may be coloured.

Good luck to all.