:VODAFONE: Traders Thread, Long or Short!

It's an eyes in the back of the head job this one ain't it?

I think FINMAC has hit the nail on the head - ".... the pundits are changing their tune to suit the circumstances ...." - there was some old guy on Bloomberg TV the other night saying that the indices could possibly rise further but they would end next year roughly where they are now to slightly down. I think that statement covered most possibilities!

I would also agree the whole thing seems to be sentiment driven and in my view has been since DOW = 9,500 points which was less than 2 months ago - where will sentiment stop and how large will the resultant crash be? I still do not see the conditions for previous comments on this board reference DJIA @ 5000 but I suppose there is always the possibility it could go nuclear!