Friday the 13th
OK, so it’s Friday 13th, and just like any other day, the sun will rise, the coffee will be hot, the traffic will be sh*t and we’ll all go out for drinks after work…
Problem is, the markets don’t know that everything should be normal today. Some of the dice rollers at the top of the food chain will believe that today is either lucky or unlucky (depending on what their grandmothers taught them)
Superstition does strange things to markets. And we are in the middle of the vacation period, so things are jittery enough already.
Combine superstition with thin markets and Friday afternoon drinking, and you get a nasty trading market. On top of that, the euro and the pound have reversed their weekly directions, and are theoretically “no-go zones”
I am already way over my monthly target for August – surprisingly, as August can be crappy – and I won’t be trading today. I’ll let the gamblers have their turn, whilst I calmly whistle around my office, listen to music and make tea.
I’d recommend you do the same. There’s plenty of money to be made next week. And the week after. And the week after….
Have a great weekend, and go have some fun. Forget about trading for a couple of days. If you haven’t got anything else to do, take up carpet bowls, pet-rock painting or ornithology. Whatever.
Over and out





