Hi Wilson, I think tonight's prospects largely depend on how much of last night's falls were due to the rumour that Spain was asking the IMF for a bailout. The Spanish PM has denied the rumour but the market smells blood. Some reading here: http://www.businessspectator.com.au/bs.nsf/Article/Debt-woes-spread-to-Spain-pd20100505-55SZB?OpenDocument
There's too much uncertainty around for me to consider new overnight holds but the volatility makes for great trading. We're getting big overnight swings now, which can be lucrative if you nail them, but they're usually a sign that markets are headed lower.
