If you mean tomorrow, it's actually 8th August, not 9th (also, in the UK, we would read 8/9/11 as 8th September, 2011, whereas we see tomorrow as 08/08/11).
If you mean tomorrow, it's actually 8th August, not 9th (also, in the UK, we would read 8/9/11 as 8th September, 2011, whereas we see tomorrow as 08/08/11).
I think tomorrow will close slightly up, the week as a whole will be lower.
But this is a futile debate, even if I am right. It's not possible to understand the market by viewing it as a series if unconnected days of business activity, and without understanding the market as a system, it's not possible to trade profitably.
As Tom says, it is a futile debate because we do not know what circumstance will persuade traders in which direction to enter a trade. You'd be surprised what a mouthy politician can do in these troubled times.
