wednesday woes, page-83

I think most people are expecting a rally tonight. Perhaps we'll see a spike open on amazons earnings report, and then a slow grind down, until the housing data comes out, when I expect things to be worse than forecasted, whereby we may see another fall. And then we're on for tomorrow as the resources get hit a lot, and that will mean the main indices will fall precipitously.

But no use me postulating too much. I'm hanging onto my currency thoughts on the USD/Yen (which annoyingly has recovered somewhat).