Club Mulgoa

Tuesday, July 26, 2011

Market direction

Today it should be tumbling according the SPI. Yet, it was up significantly. The US debt crisis is still being played out politically. So, who controls how the market move?

Before the ASX opened, I put down all my buy prices unless they were already ridiculously low. Well, at close, I even collected alpha...

Tomorrow, by the law of average, if White House is still fighting Congress, you can be certain that the market WILL fall. Inshallah!

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