Thursday, October 21, 2010

No video tonight sorry

Sorry folks but I have been totally buried in immigration paperwork tonight. My partner is a US citizen and we have been filling out her partner visa application...literally hundreds of pages of information required. Can't say it's been much fun but I'm sure it'll all be worth it!

U.S Markets, Gold, AUD, Oil, Metals...all up as I typed. There's a long way to go, but early signs are good for a bounce tomorrow. A little volatility creeping in to U.S markets now...will it signal a change in short term direction? Only time will tell...I really try not to make market predictions, I simply try to trade the price action as I see it.

I'll try to post a few charts in the morning if I can...even with market weakness today there were plenty of very strong performers. REE plays were again leading the way, and in the larger cap end of town, stocks that benefit from a dipping Aussie dollar showed some strength. CSL, OST and BSL are a few that caught my eye. (CSL one we featured in the last video)

Alan

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