Greece (Athens) General Share – During the month of September while world markets moved higher Athens moved lower intent on retesting the lows made earlier this year. While the market and newsflow is depressing there are a few interesting equities with solid dividend yields unaffected by the sovereign problems who have been basing rather than moving lower.

Germany (DAX) – We have back to the top of the trading range for the DAX. There needs to be a breakout shortly although we may make one last move lower. The key will be holding the 200 week moving average and making it support rather than resistance.

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