Our old pal, Slipstream Trader, Murray Dawes made a guest appearance in yesterday’s Australian Small-Cap Investigator weekly update.
In it he wrote:
‘I believe the odds of a huge, eminently tradeable market move just got stronger…
‘This is a stage where a few smart trades could make you an incredible amount of money. That’s the good news.‘The bad news is that while I’m certain this breakout will happen, the fact that [US Federal Reserve chairman, Ben] Bernanke has kept the helicopter on the helipad means it’s still a waiting game. But it also means you still have time to get the right positions on before the big move happens.’
Last night the Dow Jones Industrial Average fell 250 points, and today the Aussie market is also down in early trade. Is this the big tradeable move Murray is waiting for?
We asked Murray this morning. His reply? ‘No, Thursday night was just a tip-toe through the tulips. It’ll get worse.’
Look out for a special report from Murray over the next few days.
Cheers,
Kris.
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