Friday's Lounge - Relax & Wind Down ( Charts ), page-130

There are two things to watch out for from here.

Firstly the markets have had a bit of a shakeup ,we'd preferably like to see some consolidation for a week or two before we get the Xmas rally . Markets never need a reason to go up but inevitably there is always a reason to go down ,so there needs to be a period that makes people comfortable that the coast is clear.

Secondly the noises from the Central bankers in Europe and the US tell me that if things look deleterious again they're going to do whatever it takes . So if it should fall over it won't ,because they're not going to let it happen . To me that was very big news ,but as usual everyone missed it.

Just sit back and enjoy the opportunity that your position in time has bestowed upon you . I'm thinking it looks terrible and shouldn't be good ,but nonetheless everyone is going to make some money if they keep their head screwed on . There's an obvious strategy in place to keep markets bouyant and as far as I can tell it's likely to work