already DD what u gunna do for the rest of the day?

CTM & ARM you little darlings up you GO :-)

amber ,i have sent you a email,,,,,as for the rest of the day,play it by eye.

Mornin all

Another hammering for the telcos on the back of THUS AGM statement

DAX is flat as a witches T*T today :-)

CTM looking good :-)

morning all

Was planning a quiet day, but so far long RPT and short FIB.

The rest is boring! ;-)

Covered FIB +3

Hi all:
Below is Tom Hougaards thoughts on the market today.
rgds
zarif

Good morning,



The odds are strongly favouring more downside, but you know as well as I do that the markets dont move down in a straight line. That is one reason why I give key levels every day. The strategy today will to biased short below 1118 in the SP500, and maximum short below 1112.



Stocks like EBay got hammered yesterday and we are short those glamour names. There was a big cycle turn last night but it remains to be seen if it will generate higher prices today. We closed at the lows last night and there is little buying interest in Europe this morning. Below yesterdays low should lead to the first square root target of 1095 off the highs.



The model for the year is supported by the 20-year cycle which points to a low into 26th July. From then on a strong rally will develop.



If any of you follow the TRIN signal we are in the territory which is usually associated with previous lows.



I got today as moving higher off the open, but only momentarily. From then onwards the market points lower the rest of the day. The odds remain high for further downside and a test of the 1100 area in the September SP500 futures.



Have a nice weekend



Tom

mornin all

Covered WHT short +32 ;-))))

CMT up over 7% on the day,about bl**dy time it moved :-)

should be interesting at 14.30 over the pond :-)

I dont even loom at Barclays any more.

Where the heck have they gone wrong?

Never mind.

Oil is King!

:)

seawall,is that larry king or oil of ulay,,,sorry mate hard to resist.

PLR moving up quickly in late trades.

MM using the bounce on support.

And Dave, it's Oil King Coal!

big day monday i here on the grape vine,that big food group,are flying at woodward,but there are problems at other parts of the group,,,hope its wrong.

All the best for the weekend all.

sw - was watching PLR. Very nice. Still running a loss on these, but oil is flavour of the month again so here's hoping.

PLR will come good ,very good,never fear.Just hang on there

Thanks saturn5 we are big fans, arn't we Big Al?

Good upward bounce in late trades, have to have faith.

Guys

For some reason I carried the loss much longer than I normally would. Hope it was 6th sense!! ;-)