Hi BD and Chris,
Couldnt sleep due to going long BHP on the close yest and seeing -2%+ fall on the FTSE wasnt making me feel too good.
Imagine my smugness when I turn on Bloomburglar and see the Dow +100pts, FTSE back to flat and BHP looking at a possible rise today. XJO should be pushing 4300 IMHO but has been lagging like a 2 legged dog the last couple of weeks. Small caps have been holding up the market IMHO which is usually a positive sign. Most of the top 100 have had a hard time of late but should start to see higher prices as money starts to enter the market over the next month or so. The rest of the world has rallied hard since end of DEC. We either have a lot to catch up or the rest of the world due for a pullback? Time will tell. If we can get a push back to 4300 then the feeble uptrend remains intact.
Cheers all.
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Hi BD and Chris,Couldnt sleep due to going long BHP on the close...
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