I am confused so just in case took 25 % cash today. Can always get back tomorrow but 4850 - 4870 had to hold today for me and its a sell off on the close. Dont care wjhat the futures are saying they are generally wrong anyway.
The thing I dont understand is that with China tightening the screws and reporting the best year since 2007 I would have thought OK all systems are go. Perhaps there is something else brewing, more sinister ?? Even good reports from IBM, and many others have simply been sold into. This means (to me) that all insto are cashing in on any strenght. cant fight it
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