Friday, 12 October 2007

Good morning Team Rainbow. Well, yes, it was a turbulent evening in the stock and currency markets. Several sell signals overnight, and all in profit!! C'est la vie! At least we all slept well I hope with our bag of pips. Let's hope we can get something today but if the charts show the horse has bolted, so be it. I won't be chasing trades by getting in at arbitrary prices just for the thrill of it.

Today's economics: US PPI (inflation) and retail sales at 1:30pm, followed by consumer sentiment at 3pm. Oh yes and Bernanke is speaking at 2:10pm so get ready.

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