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FTSE / DOW YTD

I posted this on Tuesday. This guy seems to have got his sums about right:

Market timer Tom McClellan sees stocks set up for ‘ugly decline’ as early as Thursday

Midday Report

Yuan bearish bets at five-year high; Asia FX outlook worsens: Reuters poll

USD Existing Home Sales 5.59M 5.45M 5.49M

USD Philly Fed Manufacturing Index 8.3 6.9 5.7

USD CB Leading Index m/m -0.2% 0.2% 0.6%

Greece crisis: PM Tsipras 'to hold September election'

Closing Market Summary

Eighth consecutive down day for the FTSE - it did close down on 11 consecutive days on 27th January 2003.

Skinny,

You do cheer me up!

Eight days is enough for me. I'm 100% invested now and would very much like to see FTSE rise for nine consecutive days next.

A bit of a relief rally on oil would be most appreciated although I'm not sure where that's going to come from in the short term. Of course it always appears when you least expect it ;-)