complete wrong. I bet with my market today was wrong. The following message appears to have been at play: The
is from the Federal Reserve Bank of Chicago for July published index of national activity fell compared to the previous month from minus 0.59 to minus 0.67 meter counter. This is the eighth consecutive month the index in the range of minus 0.7 points, which indicate a high probability of a recession. The index reflects the development of 85 monthly national economic indicators. An index value of 0 means that the economy is growing at the highest rate that is possible without inflation, which is also referred to as trend growth. The three-month average, the monthly fluctuations in balances is, minus 0.80 points. According to economists at Dresdner Kleinwort indicates the current index level indicates a recession in the U.S..
Unfortunately, I was already in positive territory and then from 13:00 clock quickly leave my winnings. As fast as the oil profits are now apparently destroyed today, the index gains. The fast changing trends in the market greatly complicate the trading, since virtually no position can be kept for several days. The daily fluctuations are also enormous.
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