A quietly mixed day that got off to a good start with news that Ireland has taken up the EU bailout. The market also gained some confidence after the QR float picked up some steam showing there remains some confidence in the market for new placements. That all said, technically it was a weak day with early gains being lost through the afternoon yet again. This seems to be the major trait over the last several sessions and does not give this trader a great deal of confidence. The US will be quiet this week ahead of Thanksgiving this Thursday. The major level we’re watching is 4585 basis the ASX-200 (XJO).