Following one of the longest periods of consecutive down days that ended last Friday, the Footise rose just under 3% yesterday, as did almost all of the world's senior markets. There was a time when you could buy shares based around their individual performance but for now it is pure politics that have buyers and sellers running up and down the plank, depending on the latest piece of Eurozone news.

The fleet of foot can make money in these trading conditions but the fund manager, looking after your pension fund, is unlikely to do so and most of them will probably turn in negative trading figures for the year. Their fees have to be paid no matter what, so keep your eyes open for performance figures, as anyone able to show a healthy profit in these conditions, must be worth a second look.

If you are paying a fund just to put in place Index Tracker deals, you know when the markets are sold off your money is going with them.

For now there is a feeling that Eurozone leaders have the situation under some kind of control, so we have a "risk on" situation but this is a five minute view and different agendas within the mix can explode the temporary peace in an instant. Not least of which is the UK versus France and Germany.