Good evening fellow punters.....
Another day on the road.......bypassed the Pacific, however the New England isn't too bad.......
Glad to get the butt out of the drivers seat......
Punter chatter pretty quiet today, so I thought I would throw out an observation of present action......
HSBC PMI indicated Growth was still evident, if not as strong as January's data.....kept RIO and BHP pretty subdued here today, however they both have jumped out of the boxes pretty strongly in the UK, being up in the vicinity of 1.5% each....of course early days as for how the rest of the night goes......
The XJO fell 4 points short today of testing R at 5068 on the Monthlies, however still a strong day.......Thursday's blip is being confirmed as just that........the nervous nellies exiting for the sake of something to do instead of watching their wealth increase daily......
Today has done nothing to change my views as to where we are headed.........
Ophir.......my views regarding the USD are the lower we can get it, the better of the globe will be.....remembering that the Dow consists of 30 companies that earn the best part of their earning$ out of the USA....iT would be just the tonic to send the Dow into an upward spiral........
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