DJIA looks like closing down for the day. I think that 11000 will be a tough nut to crack. Obviously I would like for this to be the start of the end of the rally.
Looking like a down day for the DAX and FTSE. I took profits on my hedging longs yesterday. If there is much sign of more gains on the indices I shall place new long CFDs but my focus is on the short. Unhedged, I am seriously exposed on my shorts but I am less concerned about them than I am about keeping a long for too long, feeling that FTSE at 5400 will be seen again this year but 5800 could soon be a distant memory.
The big 3 are tanking hard right now. I'm starting to get a bit excited.
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