Got a funny feeling about this market, like it will keep going up, then I'll go to make a drink and it'll crash.
It seems to be on thin ice although volumes don't back up my gut on that one.
I reckon end of month window dressing and come next week you'll see a different market.
I wouldn't want to go short but I still think longer term risk v reward don't point to buying up here and looking for another 1,000 of upside, I do however see 1,000 point of downside.
Stephen McCreedy
*I am flat the YM Fut at the mo and staying that way till it moves to 13200 or 12900
It seems to be on thin ice although volumes don't back up my gut on that one.
I reckon end of month window dressing and come next week you'll see a different market.
I wouldn't want to go short but I still think longer term risk v reward don't point to buying up here and looking for another 1,000 of upside, I do however see 1,000 point of downside.
Stephen McCreedy
*I am flat the YM Fut at the mo and staying that way till it moves to 13200 or 12900