next day: tuesday, page-14

I'm not forecasting 5900 - just wishful thinking - I'd like the index to kiss the 10d ema/sma and give me a nice opportunity for a long position trade.

I must say that life was far simpiler (and I was more profitable too) when I was a 'Blinded bull (especially resources and the china story), long only position trading buy the dips and pullbacks' man. The May-Sep period last year 'cured' me of my blinded bullishness but also rendered me incapable of taking advantage of the post September 1000pt advance.

Last September I'd convinced myself that the end of September bullishness was nothing more than an end of qtr ramp and that the market couldn't advance in a meaningful way, and it certainly couldn't outperform the rest of the world unless it was led by our point of difference - BHP and the resources sector - well I was DEAD WRONG and I dont want a repeat of that!