morning guys,it seems the doom and gloom clouds are starting to...

morning guys,

it seems the doom and gloom clouds are starting to descend once again on the global markets, poor sentiment after the G7 meetings on the weekend, talk of depression in Japan, the US stock index futures are significantly down on fridays close.

in terms of trading stratergy it is important to remain small,quick and nimble, if you take positions don't make them large if profits appear take them quickly and if a trade turns bad exit quickly before it gets worse.

it might be a good day to catch some oversold stocks for a bounce, the transport sector was really punished yesterday after BXB results, look for gap downs in BXB,TOL,AIO for a quick bounce trade.

gold should continue to work as anxious investors seek a safehaven, FML,SBM,DOM,LGL,NCM,TAM,CTO are some to have a look at for a momentum trade.