Friday, 12 June 2009

Close FTSE DR @ 12/06/09 20:00 4455

Don't want to spend the weekend fretting about a position so have decided to close this with a small profit.

P&L : 30

There is a definite ascending triangle but t
he question is, as ever, what will provide the impetus for the next upward leg if there is one? Most of the current strength has come from miners, financials and some cyclicals bouncing of the lows.

Anyway it's good to have made my target. The question is now - can I or should I increase my exposure?

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