Tuesday, 26 May 2009

turnaround tuesday

L: 78% S:43% G: 121% N: 34% ~ $D -43% $G 14% $V 0% $P 2%

Very interesting to watch the markets complete turn around on the back of the consumer confidence numbers, going from being down 1% to up 1% today in very short order.

Interesting as well to see the EUR SPX correlation return today, although still at a distended level.

The Raven bought some VOD today, although a boring defensive and with a reduction in revenue going forward because of roaming charges, it still looks cheap enough and at a decent technical level to make it a small trading position.

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