xjo to follow the ftse or dow, page-2

Hi Slappi,

I generally find that the financial market's sentiment tends to roll around the world. The last market to close was the US, so my expectation is that we will follow the dow, with an XJO down on open.

From open we will be the leading market, with the rest of asia following, then into Europe and on to the US.

As to what we will do after open in terms of price movement, meh... 'tis a toss of the coin for me... but initially, I expect down sentiment.

Personally I suspect a forthcoming rally intraday, possibly close to close, but the gap of the weekend makes it too hard for me to call and a bit of a wallow as we seek confirmation of direction from other sources would not surprise me...

IE I have no idea, lol.



Night all... gotta train myself for early starts.

;)