tend to favour long spi/aussie200 cfds today

With firm base metals and oil over recent sessions it suggests that the market is primed for a resource driven rally this week. Perhaps there is no absolute bottom, but the risks are now definitely to the upside on the equity market (from a short term trading perspective 1 -3 days).

-US reporting season over
-UK bank bailout commencing
-US bailout package implementation to commence
-Increase in risk appitete over the past week in currencies
-Clearly bottoming Shanghai Stockmarket
-Big figure non-farm payrolls already out.
-Think about it?!
(Short term trading view given)