This rally is getting to the ridiculous stage. There was a net loss for the week when I last wrote, but that has been overtaken for the markets to reach new highs for the year.  We have the expiry of the September futures and options tomorrow and we could see the start of a correction [...]

Well it has happened, a week when the markets went down overall.  Though the US markets had an up day on Friday before the long weekend.  It is hard to see what caused such enthusiasm. On Thursday the initial unemployed came in highter than expected, but little notice was taken of this, the market has [...]