Wednesday, 10 February 2010

When in doubt...

Stay out. We continue to hover near very important near-term levels. Fundamentally, I think the Eurozone hacks will come up with some sort of back-up for Greece. It seems that the Germans and French dont want to appear to be writing an open cheque, for fears that Greece is just the first one in the queue..

Technically, trend is still in place and adding at the trend lines would be the correct thing to do. That being said, Price action after a number of low and high doji´s off lows and highs  is  hardly inspiring.

I will sit this dance out and wait a while..

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