Monday, April 26, 2010

general

euro is acting funny, wonder why.
spx is moving on expected lines and is showing more strength than desired, which may be a function of the fact that in general public and traders are not committed longs.from 1200 levels it doesnot do enough to shake longs on legitimate GS news.thats strength.

indian nse is static though pockets of stocks are showing strength.

gold is consolidating before a move.
my expectation is that shortly and slowly, spx should become volatile and gold and eurodollar more tradeable.

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