Morning all.

For the Ftse to continue to rally, the S@P needs to go through 1080.
For the S&P to go through 1080, you need oil to drop and the the SOX
to rally and thus rally the NDX.

If it doesn't, this bounce fizzles out, prints a lower high, increases
negative sentiment, and we continue the Bear trend.

That's my simplistic view of the situation.

Melnibone.

Ian - I think its the software on the system I'm using. When I bring up this site
I get a box with "password needed - networking"
"firewall: unknown site" "realm: ntlm"

It seems to be on my machine, and no one elses!

Oil dropping, S@P futures above 1080, CPI data was benign.

Good possibility of this bounce continuing if the market
follows the futures.

Melnibone.