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15,276 Posts.
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20/03/06
10:00
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Rakia...
Conflicting influences here.
The German equation, believe it or not is creating a negative effect in my opinion, with many "investors" steering clear short-term.
Technically, support has formed, so a rise near term should ensue.
Finally, the traders will recognise both the technical and fundamental (german) influences and try to take advantage of any increased volatilty.
A strange mix don't you think?
Personally, I am not sure we will see a sustained break today, or maybe not even this week, but one is sure to come at some point.
It could well be that any over-exhuberance may in fact be enough to bring forward the expected trigger for the next rise?
Hard one to call?
I have exposure via my investment...but not sure if I will trade this one today?
Cheers!
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