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Thursday, October 11, 2012

11TH OCT CLOSE

Hello all

The market is performing very interestingly at the present time.
The dwarf Lloyd Blankfein, no matter whether your a Goldman lover or hater he carries a lot of weight.
His comments today moved the market.
While the market did close higher the big APPLE  took another clip..
Wonderful move on the grains today as expected and basically all the commodities traded higher.
Notice the spreads on the A$/C$, from 500 up to 100 down to basically steady at the present time.
Managers might want to get ready for the next move now.

Gold should have another positive day tomorrow but I cant see the level I am looking for so will cut tomorrow before noon.
In the index we are fully positioned for the move up tomorrow.If its comes early I am prepared to closed it and not hold to the end of the day.

In regarding to coffee, there are small pockets of up moves but I don't have coffee moving aggressively until next year.
Hope this accommodates the emails I've received.


As always use the above as an indicator to your own work.
Futures trading can produce huge losses and profits.
Ask your financial advisor on more on the above.

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