FTSE 6370 high inplace ?

Discussion in 'Trading' started by Gaucho MM1, Feb 6, 2007.

  1. from a private message I sent on the 3rd Feb 07:

    anybody see a significance in todays action ?

  2. I don't see much significance...why can't some other market lead, eg. Shanghai or Nikkei?
  3. I see this...
  4. S2007S


    all emerging markets are overbought. They have had quite a run. Look at EEM, another 52 week high today above 116. This thing needs to take a breather very soon. I think 100 is possible by May/June.