thurs night tick tick tick, page-100

Funbet - I've got Shanghai in a beautiful little wedge that has been forming over the past month. At today's high it just picked up the top of the wedge. Jaolsa can now tell me that Shanghai is closed next week which makes life very difficult but if it stays in this wedge it can continue to go higher. If it breaks through the top it will have an even faster run. I must say that I don't really favour that option but I am trying not to let myself be influenced by all the bearish talk as that just costs money. But one of my tried and tested indicators caused me a few heart palpitations this morning. I watch very closely the amount of money going into puts and calls each day. Calls got up to 90 percent of the total yesterday the highest since May after hitting a low of 14 in the sell-off in August so that automatically puts me on caution but I usually prefer more than one day to give a sell signal.