Tuesday, May 11, 2010

BEARS BUTCHERED

Markets after being oversold last week..( remember had written next week could be a different story)opened at S/R of 5080 & just about surged ahead with the EU news to touch the upper range of 5200..As it has recovered lost ground quickly it should consolidate to attempt the old highs if it manages to stay over 5200 for a few days..Do book profits in your longs & the dips for buy..enjoy the day cheers