This week has been exciting. The general election in the UK is entering its final stages and the country will go to the polls next week.
The Greek sovereign crisis is getting worse. Goldman Sachs is in the dock for a potential case of fraud.
Obama and his government are trying to get push new legislation through.
With all that uncertainty, its no wonder the markets have been very volatile. On Friday the global indexes sold off. Who knows what will happen next week.
The technical indicators are
On Wednesday I decided to sell out of most of my positions. I took profits on every stock and now have a cash balance of nearly £90,000.
Currently I’ve just over £29,000 invested.
I’m still at the top of the leader board with a lead of £4,000.
I’m not going to re invest this week as I think this volatility will continue.
