Definately the POMO is a reason to be cautious, and at the moment I have not taken the Short due to HK's strength. Let's see how we react when they close for lunch in 5 min and if we begin to roll over I'll take it with a view of a short term 15-20 pts.
I also note that US futures are strong, SPX 1172 and Dow 11020??
Just seems to me that the bounce off 4580 (+40) is too strong to hold, could be wrong..., will make sure I have confirmation 1st for the short, otherwise will wait and see into Europe.
Cheers.
wednesday thread, page-21
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