monday mayhem, page-114

Dacata cash is king as they say (although I dont know who "they" are).

Been feeling twitchier than a navy seal with his gunsights set on a somali pirate for the last week waiting for this retrace having sold out of almost all longs a week ago.

Time to dip the toe in the water, but not take the plunge as far as I'm concerned. I can see that the usual 10.30-11.00am bounce is starting to take shape indicating to me a lot of people think this is a one-day deal. I dont think so given plenty of reporting in the US still to come this week and then the results of the dreaded bank stress tests.

We will see, but as always fortune favours the brave but also the patient...