friday night flight or fight, page-4

difficult to compare xjo to ftse. UK economy is in the toilet in comparison to ours. Plus they have the largest exposure to subprime out of all the markets (bar uncle sam).


you know what I think will happen if all the other markets break out? Our market will be capped big time and faded everyday just to burn the longs.

It seems the pattern is xjo pre-empts os moves by several % and then stalls when os catches up.

I could be wrong, but this has happened almost every other time.