Morning all.

Have a fun week!

;-)

X

4600

X

X

O

X

X

O

X

O

4500

X

O

X

O

X

O

X

O

X

O

X

O

4400

X

O

O

X

O

X

X

O

O

4300

X

O

X

X

X

O

X

4200

X

O

X

O

X

X

O

X

O

4100

X

O

X

X

O

4000

X

X

3900

X

X

X

O

X

3800

X

O

X

X

O

X

3700

O

X

O

O

X

3600

O

X

O

X

3500

O

X

O

X

3400

O

X

O

3300

Morning all,

Flying visit before I get back to the labours of Hercules
on this laminate flooring.
I didn't realise how much stuff I had to shift about or how
many angles I needed to cut the flooring around. I'm going
to burn my jigsaw out at this rate, if I don't burn myself
out first. I'm not as well and recovered as I thought. :-(

Anyway, as you can see in the above P&F chart, we're still
in the range but are at a double bottom. If we break it and
print 4250, that would be Bearish on the face of it.

However, to nick Martini's favourite word, these are common
and are looked for to set Bear Traps. The market will move
against the least line of resistance and it is known in advance
that this is where Bulls sell out and Bears short. So you often
get false signals here.

If it breaks 4250 I would like to see it print another box reversal
and break 4200 before saying this rally from the March 2003 lows
is over.
I could pretend that I could see into the future and tell you what
is going to happen. But like everyone else, I can't. But I do at
least admit that to myself so that's half the trading battle won.

Still scalping on an intraday/overnight basis until I get a good swing trend
to follow. Held VOD over the weekend after buying it near the close
on Friday and took the profit this morning.

Back to the jigsaw now until the US opens and gives direction for the
next scalp.

Be lucky and stay loose and flexible.
Melnibone.

Afternoon

So far today, I've done the following:
Covered BFP +6
Lobbed WBY -16
Added AQP 260
Longed UTG 210
Longed DVO 114.5
Shorted PLM 203.

FTC reports next Monday. Very short and happy! ;-)

Apart from that it's quiet. ;-)))

Evening all,

FTSE sub 4300!!

Found out work has broadband - but can I find the time to log in - that is the question?

lw - there's always time!

;-))