Friday 7 October 2011

Interruption in service

For about a week starting today there will be an interruption in service due to pressing personal business. I will attempt to make perhaps one or two updates during next week. I hope you bear with me until I am able to provide the usual daily service again in about a week's time. Hope you are lucky while I am unable to post comments. I  shall be watching progress.

I leave you with two charts. The FTSE has touched the top of its channel and has pulled back.




And the Dow Jones is sitting in the middle of its channel. If it goes up the FTSE will follow it and it will look like a break-out but it could just be the continuation of the non-directional phase of the market. It is just more wait and see.




Stay cool.


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