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Thursday, March 1, 2012

Setting up for tomorrow

Morning all

Yesterday's trading was the icing on the cake for many traders who locked in profits.
So after that's done now they are going to buy it back up again and they look to re-establish positions once again.
We are still some 15 points away from the shake out at 1350 so I will be quiet surprise if we don't see it today.
Today one needs to look at establishing long position in the market for the pending moves next week.
Commodities and index, but volatility will be the norm so please use caution.
Today my work shows up and down and tomorrow the same.
Keep and eye out on the grains and the metals.
Oil will move up over the weekend but there is always tomorrow for a position oil.

Cheers

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