monday mojo, page-10

Very interested to see what happens in Aus on monday.
The US finished stronger at the end of their day to finish up just shy of 50 points on the DOW. S&P500 followed. Just made new all time highs.

In terms of our market - two of our largest contributors - BHP and RIO both fell in london and the US - which may act as a drag on the indexes.

The USD strengthened against the Yen.

We shall see how our market reacts. Something tells me that we will have a positive day on the markets - because people will take the second positive day as confirmation of the 2% rally in the US.

RIO will end down, but only by a 2%, and BHP will stay flat, or rise.

Copper continues to rise, and lead keeps hitting new records.

So short positions will suffer on monday.

Also note - I have had a very bad run lately, so take everything with a pinch of salt...