Quick look at FTASE index

It looks that a sideways consolidation is taking place the last days in the Greek stock market with lower volumes than those in the beginning of the month. The market more or less is moving on very tight ranges making every day trading almost impossible. At this moment we have sold all the heard and waiting to buy some goats cheaper (will see if this works out),  expected a 7 % correction on the ftase back to 350 where i would try to swing long for the  new year. On the look out for many names that I will post soon.

 It is said by most local news sites that  the market is waiting for a deal from Troika and the Greek Government as a catalyst to move higher but I find it a bit hard to move higher just on this news (this episode has been played over and over looks like a bad soap re-run). Expect therefore  a move lower that will be more obvious once we are at 370 once more in the FTASE

Flows from the MSCI re-weighting have finished so in this gives one more reason for a pull back!!!
Thats all for now!!  remember to buy Feta cheese to help us out of the crisis