Monday, December 21, 2009

Nothing is happening

With everyone in holiday mood the markets are going sideways. Nothing is happening. But I have seen before that this normally is the calm before the storm. Something is going to give soon, even if not to change the daily trends certainly big enough for a correction to the daily averages, and this may be the time when USD/CHF may make a violent move to do so.
Waiting and watching, patience may pay.