Chart du jour – food for thought… And opportunity

With fear all pervading in the markets again at the moment, and a lot of blood being spilt as margin is being called in around the globe and the engine of the stock market rally in recent years – Apple – continues its deflation, the above chart caught my eye as we approach the weekend. However, the very fact that there is such a ramping up of fear in the markets leads me to suspect that today is probably the floor of the Xmas rally we expect to take us over 6000 on the FTSE. We are in and buying the indices – S&P, FTSE 100 & Nikkei.

Comments (0)