Well I'm taking time out over hols and Speculator has his hand full with a new addition to the family. Take time off to relax as markets now are moving on very light volume and will only confuse. Sentiment is still largely positive and will probably push markets slightly higher still. There are signs in the USA that distribution is happening by the big players into the hands of the man in the street (always the last to hear)
I'm still waiting for the first signs of the next big wave down - it will be well signposted with large volatility and a quick drop. USD has as predicted come back fighting although interestingly enough the stock markets have chosen to ignore this. When times are good and the party music is playing hard why listen to ol' party pooper Dollar. Lets see how long the music still keeps on playing, I have a feeling ol' Dollar is going to pull the plug.
Good Trading
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