we've seen a mini capitulation this morning with very thin numbers on both sides of the trade .It could move up very rapidly with a change in sentiment but I've never seen the news so gloomy
David Murray and Chuck Norris have both come out and said the end of the world is nigh in a highly unusual move for someone in their position and of their stature .I don't know what to make of it actually ,if you took what they said at face value you'd sell everything. The optimism that was building for the retailers a month ago also seems to have vanished to dust.
If you're a contrarian trader now seems as good a time as any to add a few longs ,but I'm not that gutsy
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