Good morning
The FTSE will open lower today after a volatile Friday session.
The markets are still over bought and in need of a correction however the bullish sentiment remains strong with continued talks of the FED pumping liquidity into the market. Retail investors are reading this in newspapers but what they are not aware of is this information will already be priced into the market. Remember the markets price information in around 6 months ahead of us reading it. A key point to remember if you readily make trading decisions based on articles you read in the press.
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Monday, October 18, 2010
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