As the work load has mounted I have only been glancing at the markets and as such have missed two key entry points. Today I jumped back in too late at 5900 on a -2 Sell on FTSE. This immediately rallied 35 points but is now back down around my entry point. It was a relatively slow week last week which makes me glad I stayed away. Whilst I’m not expecting any big gains my exit point is around the 6850 mark or there about.

The European banks are reporting this week and Barclays increased its write-down’s to 1.6 billion while Credit Suisse shares are down 6% after unexpected pricing errors. A.I.B are due to report tomorrow and from the Irish perspective it will be interesting to see if any more exposure crops up. US Dow futures are due to open +60 points.

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