Morning Call by Greg Secker

The FTSE fell a modest 30 points to reach 3852 and as there is no news out today look to component news and influence from overseas markets for directional movement keeping a watchful eye for further bear activity should the Dow weaken further. In America the Dow Jones fell again yesterday by 203 points to finish at 8,175 with a raft of news breaks out from noon today from varying quarters this could lead to another choppy day and with the minor support of 8,200 having been broken today’s activity may result in further falls. Oil fell further yesterday and is currently at $62.75 and Gold is now down to $734.70. Have a good day trading and I will speak with you tomorrow.