I’m just having my first coffee of the morning and checking the market. Lo and behold, it’s trading higher, the disaster of the Italian election or whatever…is firmly forgotten as Bernanke supports the dip.

I haven’t checked on the majority of newsletter/blogs around blogoland the last couple of days, I’ve been really busy with day-to-day stuff and Mr Romulus’ diabetes, that finally looks to resolving, so I’ll have a better look around this morning.

The message coming from the market is that there is no established trend currently, we move essentially sideways in an increasing volatile manner. With volatility jumping, holding positions becomes a little more difficult as entry points, unless well timed, can become potential losses quickly, which places stress on the trader and obviously the position.

Make sure you read this week’s duCati Report, I’ll post it as usual at the end of the week.