18th April 2006

We'restill in a consolidation here. The recent rise close to 100 shows an attempto break out, but there's no trading signal yet. It doesn't look like we'llhavea trade for about another week, but I will be looking at the chart daily now in orderto be ready. That doesn't mean that I'llposy here daily as mostof what happens over thenext few dys willprobably be fairly insignificant.

3rd April

By now I believe that I've proven myself correct. The consolidation has been in full swing for a while now. I'm just on the lookout for a sign that the market is moving. I'll post as soon as something catches my eye. In the mean time there really isn't very much to report as we are in the equivalent of the eye of the storm.