i expect

I expect a we will have a nice little run coming our way.Three down days in a row on the dow and asx but cds has shown up to be very strong.As for day traders all over it i dont see any evidence of that at all.Sure there are some but zero signs off a frenzied buy up.Most of the sells have been smaller size trades hardly a classic day trader scene.What we are seeing is a underlying strength building in CDS.A more steady dow & asx will give cds a even greater support.With all the information due to come in over the next few months i can only see it going one way and thats up.
_ebit