Mark Austin FTSE Service Update - 11th Oct 2010

Good morning

The release of non farm payrolls and unemployment data in the US did little to phase this current bull run and investors are looking at the FED for continued assistance in the economy.  Investors are bullish and this sentiment is growing every day.  Of course the problem with this is as the rally continues in an over extended market with clear economic problems, the chances of a flash crash rise.  The market is aware of this and the nervous behaviour is reflected in long periods of consolidation (range bound markets).

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